Author Archives: Danielle Park

Toronto home prices: mean reversion alive and well

Posted on August 3, 2017 by Danielle Park

What soars up tends to crash down. Welcome to ‘free’ money driven asset moves. What about all those supply shortages the realtors were talking about? Nothing like insanely high prices to bring supply on stream. In July Toronto new listings … Continue reading →

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Temporarily goosing share prices is bad for everything else

Posted on August 2, 2017 by Danielle Park

A simple fix to refocus energy on business building that grows prosperity and solves global problems rather than on short term accounting gimmicks that drive up share prices temporarily:  change the law back to pre-1982 ban on share buybacks as … Continue reading →

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Canada firing on one cylinder in May

Posted on August 1, 2017 by Danielle Park

Market commentators were ebullient last week on the outdated news that Canada’s May GDP estimate was .6% versus the .2% projected by the consensus. Here is a chart of the last 6 months. The driver?  Oil and gas extraction increased … Continue reading →

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