Juggling Dynamite

Stocks are hovering around all-time highs while the U.S. economy clocked its longest-ever expansion this month. Portfolio manager Danielle Park says investors should be cautious and carefully assess their investment strategy to make sure they’re ready for a potential downturn.  Here is a direct video link.

Money Monitor: Taking stock of your investments with Danielle Park. https://t.co/Eadwe5hGQc via @YahooCanada

— Danielle Park (@kdaniellepark) July 26, 2019

Also see the accompanying article Taking stock of your stocks amid record highs and an unprecedented economic run.

This clip offers a useful glimpse of the ebb and flow of global exports and economies over the last 46 years. It also gives a sense of who has most to lose during trade wars and a period fixated on deglobalization. When exports retrace, the relative income of households within each country becomes even more crticial in determining the nation’s resilience.

This video shows the Top 10 exporting countries (goods and services) from 1970 to 2017. Similar to imports, European and North American nations dominated during the 60s and 70s. As factories moved to Asia in the 1980’s, countries, such as Japan, mainland China, Hong Kong (China), South Korea, and India started to export more. Here is a direct video link.

Danielle was a guest with Kerry Lutz on The Financial Survival Network, talking about recent developments in the world economy and markets.  You can listen to an audio clip of the segment here.
Listen to “Danielle Park – Not Sure About Gold and Inflation #4431” on Spreaker.

The NY Fed probability indicator of a US recession in 12 months is now at a level that has signalled all US recessions since 1960.