Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

Danielle Park

Guest's Website

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

Juggling Dynamite - The Chinese government has just unveiled a massive stimulus for its troubled economy, but can it fix the slowdown long-term? What’s at stake for the country, and the world? Here is a direct video link. Leland Miller, China Beige Book CEO, joins ‘Squawk Box’ to discuss the state of China’s economy, impact of Beijing’s stimulus package, […]

Juggling Dynamite - CBC News Network’s Weekend Business Panel takes on the top news of the week. Here is a direct video link.

Juggling Dynamite - Canadian businesses are closing at one of the fastest rates in history. See: Canada Just Saw One in Twenty Businesses Close in a Month, Biggest Wave Since the Pandemic. Since the vast majority of private sector job growth is driven by small—to medium-sized companies, it’s not surprising that job vacancies (blue line on the lower right […]

HoweStreet.com Radio - Will China’s effort to fire up a lagging Economy work?

Juggling Dynamite - 2024 has seen the most aggressive central bank easing globally since the 2020 pandemic and 2008-09. Whatever ‘stimulus’ impacts may flow from this will filter into the economy over the next few years. In the nearer term, the 22-fold tightening cycle of 2022-2023 will continue to weigh on borrowing and spending ability over the next […]

Juggling Dynamite - Nationally, the supply of new one-family homes in America (shown below since the 1960s) has only been higher in the 2005 housing bubble peak. As more existing homes come on the market from stretched households and investors, home supply is rising in most areas. The median price of a new single-family home fell by 4.6% […]

Juggling Dynamite - Stock markets have soared further on soft landing hopes, just as they initially did when the U.S. Fed cut base rates by 50 basis points in January 2001 and September 2007. Other more prescient leading and coincident economic indicators warn of cause for pause. As shown below (courtesy of Jeff Weniger), the ratio of leading […]

Juggling Dynamite - The Federal Reserve finally began an easing cycle last week, and hopes spring eternal that this will be enough to arrest an ongoing deleveraging cycle, shrinking employment, asset deflation, and economic contraction. Time will tell, but the odds aren’t good. Lest anyone forget, central banks aggressively eased monetary conditions throughout the 2007-09 and 2000-03 downcycles, […]

Juggling Dynamite - The U.S. Federal Reserve slashed interest rates for the first time in four years, and in the same week, Canada’s inflation rate reached the Bank of Canada’s two percent target. Andrew Chang explains why this is prompting economists to predict more aggressive rate cuts are on the horizon. Here is a direct video link.   Canadian […]

September 19th, 2024 | Why Did The Fed Cut Rates?

HoweStreet.com Radio - Canada’s Mortgage rule changes and the expanding Debt Bubble.

Juggling Dynamite - Rising unemployment has overtaken inflation as the dominant fear, and today is expected to bring the Fed’s first rate cut of a new easing cycle. Like Pavlovian dogs, stocks typically rally in anticipation of Fed easing. However, unemployment continued to surge in the eight recessions since 1969, and stock markets eventually fell an average of […]

Juggling Dynamite - In his webcast titled “1984” in remembrance of George Orwell’s dystopian novel, DoubleLine Founder and CEO Jeffrey Gundlach on Sept. 10, 2024, dives “into the subject of the Fed and some of the variables that will likely underpin their logic and their thinking” at the Sept. 18 meeting of the rate-setting Federal Open Market Committee […]

Juggling Dynamite - Once real estate bubbles bust, prices typically fall for years, and paying down debt becomes the priority. In the process, slashing interest rates does not entice the hoped-for revival of borrowing, and it takes years to rebuild balance sheets. This is now underway in the world’s second-largest economy. Et tu, Canada? Richard Koo, senior adviser […]

Juggling Dynamite - Global oil demand growth is “slowing sharply” as China’s economy cools, pushing prices to a three-year low, the International Energy Agency said. World consumption increased by 800,000 barrels a day in the first half of the year, barely a third of the expansion in the same period of 2023, the adviser to major economies said […]

September 13th, 2024 | Chinese Bust Cycle is Contagious

Juggling Dynamite - From 2019 to 2022, rounds of “free” money courtesy of central banks and governments fuelled gullibility and blind risk-taking in many countries. The effects were particularly short-lived in China, the world’s second-largest economy, where consumer confidence has been moribund over the past three years (below since 2016).   Hampered by relatively low household incomes and […]

September 12th, 2024 | Lacy Hunt Economic Update

Juggling Dynamite - Ted Oakley interviews Dr. Lacy Hunt regarding the U.S. economy, world economy, Federal Reserve, and interest rates. Here is a direct video link. Meanwhile, the effective corporate tax rate for large S&P 500 companies is at a multi-decade low of less than 20 percent (shown below since 1985).  Sustainable?  

Juggling Dynamite - The outlook for small business earnings has been contracting since 2019, retreating below the pandemic bottom in August, with no turnaround yet. The glaring outperformance of S&P 500 operating earnings (in light blue below) above small business earnings since 2023 (dark blue below since 1986) looks unsustainable even as a bullish consensus forecast continued divergence […]

September 9th, 2024 | What’s Your Plan?

Juggling Dynamite - Last week, the two-year US Treasury bond yield (3.654%) closed below the ten-year yield (3.716%), making for a +.062% spread and the first upward-sloping curve for these yields since July 2022. The re-steepening of Treasury yield spreads after months of inversion has historically proven to be a reliable warning of economic contraction, accelerating unemployment, and […]

Juggling Dynamite - Fine wine prices have tumbled back to the pandemic lows of 2020 due to falling consumption, globally. Fine wine prices are decreasing sharply amid rising inventories and low demand for some of the most expensive wine #MacroEdge pic.twitter.com/qzuVSh3ixd — MacroEdge (@MacroEdgeRes) September 3, 2024 Are consumers struggling financially or realizing that alcohol is toxic for […]

September 4th, 2024 | Impact From Canadian Rate Cut

HoweStreet.com Radio - Cracks are getting wider in World Economy

Juggling Dynamite - Over the last year, more than 200 real estate developments in Canada became insolvent. Andrew Chang explains why, at a time of high demand for housing, a growing number of projects are falling through. Here is a direct video link. 

Juggling Dynamite - One after another, consumer-driven sectors are warning of tumbling demand amid still inflated prices and the highest real interest rates in 17 years. Although mortgage rates have fallen year-to-date, auto and home sales have continued to slump, with buying conditions the worst in decades (U of Michigan Home buying conditions below since 2000, courtesy of […]

Juggling Dynamite - In this episode, Dr. Hunt explains that non-farm payrolls overshot by five standard errors, making it the worst miss since a 9 standard one for 2009, during the GFC recession, and marking another bureaucratic failure. According to Dr. Hunt, the reported overshoot of 818,000 was based on an internal seasonally adjusted series, but based on […]

Juggling Dynamite - As China’s real estate bubble continues to implode, the government has directed Chinese banks to shift lending from real estate to Chinese industry, including manufacturing firms. At the same time, 99% of publicly listed Chinese companies now disclose some form of government subsidy, according to the Kiel Institute, a German think tank. China is spending […]

Juggling Dynamite - Rosenberg Research President David Rosenberg joins ‘Squawk on the Street’ to discuss his economic models, what’s happening in today’s economy, and much more. Here is a direct video link.  The 21.3% increase in US unemployment since 2022 is a degree of change only seen during the past 12 recessions since 1948. But, sure, maybe this time […]
« Previous Page — Next Page »