ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
January 31, 2019 | Is the World Economy Slowing?
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
Protection in an economic slowdown
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Danielle Park Archives January 31st, 2019
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I have a question for Danielle. I just don’t understand how corporate profits can go up 15 to 18% every quarter on an annualized basis. Are these accounting gimmicks, technical innovation, hidden inflation, or are we in the USA and Canada taking on debt and buying things like crazy? GDP growth is slowing down around the world, so why is the S&P, Dow, Nasdaq, etc. still reporting huge quarterly profits? Also, thank you so much for your insightful articles in Juggling Dynamite.