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June 1, 2023 | Condo Investors are in Big Trouble

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

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Archives June 1st, 2023

Posted In: HoweStreet.com Radio

5 Comments

  • Steve Jones says:

    Miss “Negative Nellie” continues her doom and gloom prophecy. Now it’s the potential “pause” in rate hikes that has her all excited, that her doom vision will soon come to pass. Sorry Danielle, but history shows that when short term rates stop rising, they stay elevated for about a year before the cuts begin. Economic boom continues during the plateau period, and afterwards the bust begins, which is evidenced by a simultaneous new rate cutting cycle. Since we are still in a hiking cycle at this present moment (until a pause actually occurs), and we still have a year of plateau after that, then the current boom is going to go on for quite some time still. Doom will come eventually, and you will be proven right, but it’s going to be a while.

    • Darren Massey says:

      Miss NN worries to much to take on a portfolio under a million. A good portfolio manager can help a client go from rags to riches. We are in a life changing bull market as worry has Danielle adding brick after brick to the wall of worry. The epi center of 3rd wave will be with us in the coming years and worry will keep people frozen as 500 and 1000 point up days become the norm.

  • Steve Jones says:

    More trouble with Danielle’s doom scenario as the Canadian Central bank hiked rates again today! No PAUSE yet! The boom continues!

  • Darren says:

    Perma bears are a dime a dozen they can not break free from the habit of worry. Nose bleeds and fear of heights will keep them from making it to the top of K2. Bull bear ratio is at 29.7 until it gets to 45 and hangs out there for a year no market top.

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