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Danielle Park

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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 - Women have lost their jobs at a steeper rate than men during the COVID-19 pandemic, which could reduce global gross domestic product (GDP) by up to $1 trillion, according to research. Here’s what companies could do to close the gender pay and equity gap. Here is a direct video link.

Juggling Dynamite - More than 10,000 apartments were listed on the market in June, an increase of 85% over June 2019, according to a report from Miller Samuel and Douglas Elliman. The official vacancy rate hit a record 3.67% but is far higher in many buildings, according to brokers. Analysts say the rising number of empty apartments is […]

HoweStreet.com Radio - Can Canada ever crawl out of deficit hole?

Juggling Dynamite - Debt-funded government subsidies that further enrich ‘the haves’ are not economic stimulus but rather dead weight with a negative multiplier effect that reduces productivity and critical investment for years to come. Billionaires, country clubs, private jet companies and Kanye West all received millions in government funding under the Paycheck Protection Program, according to the Small […]

Juggling Dynamite - Nortel was Canada’s star company into the 2000 cycle peak before a spectacular collapse crushed retirement savings across the land.   The usual irrational exuberance, extreme overvaluation and complacent management undoubtedly played a leading role; but a new investigation also connects Nortel’s collapse with Huawei’s ascent to 5G leader today.  You can read the story here […]

Juggling Dynamite - The federal government and taxpayers are the ultimate backstop for all help and bailouts extended. Canadians will be paying the last decade’s debt-fueled spending bill for years to come. What we direct ‘stimulus’ to now will make all the difference in terms of whether repayment is manageable or cash flow-crushing going forward. Spending to fuel […]

Juggling Dynamite - From March 1 through the end of May, Americans deferred debt payments on 106 million different loans, according to credit-reporting firm TransUnion, triple the number at the end of April. In addition to missing payments on student and auto loans, 8.8% (4.68 million) of American homeowners were in forbearance plans delaying their mortgage payments for at least three months.  […]

Juggling Dynamite - After the 2018 fourth-quarter meltdown, large-cap stocks rebounded on share buybacks to a higher high before hitting the skids this February and taking out the 2018 low.  This was a significant breach. The sequentially lower low circled in my partner Cory Venable’s S&P 500 chart since 2004 below, has now set the neckline for a […]

HoweStreet.com Radio - Most Newbie Traders Will Go Bust

Juggling Dynamite - As COVID-19 cases surge across 27 US states this week, the IMF revised its 2020 global economic contraction forecast today to -4.9% (from -3% in April) thanks to a larger-than-anticipated supply shock and an ongoing hit to demand from social distancing and other safety measures. Dubbing it a “crisis like no other” the report notes that if safety measures […]

Juggling Dynamite - In the late 1990s, thousands of Canadian teachers were offered early retirement packages that included the option to take a lump-sum withdrawal and forfeit their vested right to a defined pension for life. My mom was a teacher and she–and others–approached me to review the options. Cash-out values of several hundred thousand sound huge to […]

Juggling Dynamite - Billionaire investor and GMO co-founder Jeremy Grantham is growing more and more sure that the U.S. stock market’s rebound amid the coronavirus pandemic is a bubble that will end up hurting many people. “My confidence is rising quite rapidly that this is the fourth ‘Real McCoy’ bubble of my investment career…“We’ve now reached a level […]

Juggling Dynamite - Danielle appeared on CBC Business Panel with John Northcott discussing key business news this week. Here is a direct video link.

Juggling Dynamite - Today, more than 99% of plastic is made from chemicals sourced from fossil fuels.  Our throw-away habits have made plastics profitable for producers while devastating environmental and health costs are left to mount on the public tab.  The COVID-19 pandemic has been doubly harmful in both increasing plastic use and reducing our attention on its […]

Juggling Dynamite - The ‘gamifying’ of stock trading has become all the rage once more thanks to the financial sales marketing machine, a go-for-broke mentality in participants hoping to ‘win’, and misplaced confidence that central banks are able to prevent asset prices from going down.  This is what a shit show looks like and it always ends in […]

June 16th, 2020 | Ramp Some More…

Juggling Dynamite - Meanwhile, in the financial casino…stocks are leaping again on recycled headlines of debt-financed spending by governments and more loans to small businesses, even though the first business loan programs have not been taken up as hoped. Weak demand is the global problem that policymakers cannot fix it.  It has always been customers that drive sales […]

Juggling Dynamite - As taxpayers are pledged to pay for trillions in ‘stimulus’ spending, it is important to note that the transition to 100% renewable energy is not only possible and necessary for health on earth but also offers the added bonus of a 57% reduction in overall energy consumption and a 60% reduction in average energy costs […]

Juggling Dynamite - I learned what not to do with money when I was 35–the hard way.  I wrote about this in my book Juggling Dynamite. Graduate degrees in business and finance didn’t teach it to me, loss did.  The experience was gut-wrenching and anxiety-producing and absolutely the best thing that ever happened to me.  In the 20 […]

Juggling Dynamite - As house-bound gamblers have turned their free time to financial markets over the last couple of months, stock and junk debt markets have rebounded sharply and attracted new believers daily.  See WSJ: Stuck at home with few entertainment options, more newbies turn to shares; ‘it’s like a gambling game’. In this environment, things like investing experience, […]

HoweStreet.com Radio - Super opportunities await those who avoid current market madness

Juggling Dynamite - By now everyone knows that the COVID-19 pandemic is a global health crisis that has triggered the most severe economic recession in nearly a century. The uncertainty is about what comes next and how wide and lasting the impacts will be. In its June 2020 report here, the international OECD (Organization for Economic Corporation and Development) took […]

Juggling Dynamite - In the spring of 2000, as now, there was a widespread belief (we remember well, we were there) that the leading tech companies would be impervious to recessionary strife in their customers, the wider economy and financial markets.  See The NASDAQ’s summer 2000 bounce, might contain a cautionary lesson: “Along similar lines, the current environment carries […]

Juggling Dynamite - Massive consumer debt bubbles and policies that have encouraged real estate speculation have brought Canada and Australia to a similar tipping point as two of the most over-valued property markets in the world relative to rents and income. When households can’t or don’t wish to crush themselves with unsustainable debt, more cost-effective living ideas–like multi-generational […]

Juggling Dynamite - There was a massive surprise in the latest Canadian employment report with the economy adding about 290,000 jobs last month. While welcoming the dramatic surprise, Frances Donald, chief economist at Manulife Investment Management, says we shouldn’t feel too comfortable because it remains a very painful labour market.  She wonders how many jobs are possibly being […]

Juggling Dynamite - It’s been over a decade since the 2008 banking meltdown, and yet many Americans are still living with the consequences of the financial crisis and the Obama administration’s decision to bailout banks over people with their own tax money. As Covid-19 spread around the world, and the economic impacts of the public health crisis began […]
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