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Danielle’s bi-weekly market update

Danielle was a guest with Jim Goddard on Talk Digital Network, talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here. Something is rotting in the land of credit…

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The great unwind accelerates

A stream of big companies are guiding down their outlook this week with reference to distressed consumers pulling back. See: Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s: Starbucks announced a surprise drop in same-store sales for … Continue reading

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The great unwind in motion

Government transfers to households and businesses exploded to record highs during the pandemic, while central banks helped push interest rates to all-time lows. This enabled excess spending, inflated the price of goods, services, labour, and assets in most countries at … Continue reading

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