Author Archives: Danielle Park

Warren shows what must be done to curb lawless financial sector

Posted on October 3, 2017 by Danielle Park

We need zero social and political tolerance and stiff personal penalties for individuals who enable and profit off financial crimes, if we are to rout out widespread abuse in this sector.  And if we don’t develop that, then we, the … Continue reading →

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No back to school bounce back in Canadian housing

Posted on October 3, 2017 by Danielle Park

After a sharp pullback in sales and average prices over the past 6 months, realtors were predicting a back-to-school buyer surge in September.  That didn’t happen.  In the Greater Toronto Area, September’s sale volumes fell 38 to 45% over August, … Continue reading →

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US Tax reform: hype and hope over substance

Posted on October 2, 2017 by Danielle Park

As some dream that lower US corporate taxes will magically save the business/credit cycle from its normal and overdue correction phase and justify stock prices today trading at obscene valuations, the truth, as charted below, is that taxes paid by … Continue reading →

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