Author Archives: Danielle Park

The valuation cycle strikes back

In the final stages of every market cycle, asset classes that have gone up on excess liquidity, leverage and speculative fervor, come down together all around the world.  As screens of red in global financial markets attest this week, historic … Continue reading

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Danielle on This Week in Money

Danielle was a guest on This Week in Money with Jim Goddard, talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here.

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Fun with S&P 500 snakes and ladders

Investment sales firms like to point to multi-decade charts of smooth upward-sloping return lines as a way to forecast compound returns ad infinitum.  Except, I don’t have a time horizon of infinity, and neither do you.  In real life, credit … Continue reading

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