Author Archives: Danielle Park

Electric buses helping air and hurting oil demand

Millions of deaths each year from air pollution are driving city governments to zero-emission public transportation.  With the largest population and worst air pollution in the world, China is now leading the way in adding an estimated 9,500 zero-emissions buses … Continue reading

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Record price to sales for developed world stocks

It’s hard to be hyperbolic about the present level of equity valuations. Suffice to acknowledge:  the overpricing today is more extreme and pervasive than at the tech fueled market top in 2000.  This suggests the correction phase coming should also … Continue reading

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Our late ‘great’ credit cycle

Over the past decade, record low interest rates and central bank-driven-speculation drove unprecedented global appetite for junky investment assets.  As investment-grade yields fell from 5 and 6% to 1 and 2%, most individuals and pensions did not, or could not, … Continue reading

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