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December 22, 2018 | Evaporating Paper Wealth Hurting Spending

Danielle Park

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

What went up together on ‘easy money’ the world over, is now going down together.  This was always the devil’s bargain made when policymakers chose to bail-out high indebtedness and speculative activites with even more debt and speculative activities.

Nick Brooks, head of economic and investment research at Intermediate Capital Group, discusses how an economic downturn may impact various sectors. Here is a direct video link.

Real estate slowdown will hit ‘wealth effect’ and consumer spending, strategist says from CNBC.

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December 22nd, 2018

Posted In: Juggling Dynamite

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