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Danielle Park

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Portfolio Manager and President of Venable Park Investment Counsel ( 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:

January 15th, 2022 | Plant-Based Plastics

Juggling Dynamite - With fossil fuel demand for transportation and heating in a secular decline, the sector has been counting on destructive petro-plastics for its revenue growth; also an unsustainable plan.  Fortunately, there are smarter packaging solutions in the pipeline. Tom van Aken, CEO of Avantium, joins BNN Bloomberg to discuss the company’s plant-based packaging. He says the […]

January 14th, 2022 | Melting Under The Surface

Juggling Dynamite - The widely followed Nasdaq index remains just 6% below its November all-time high, but 38% of its member stocks are down by at least half. This week, the negative divergence has continued with nearly two declining shares for every advancing one. As shown on the left courtesy of Sentiment Trader,  at no other time have […]

Juggling Dynamite - As I discussed here in 2021: An excellent year for the unscrupulous, it is important to understand that there is no level of personal wealth at which those without scruples will stop capitalizing on positions of trust and gullible followers. This is why it’s imperative that we set zero-tolerance policies, prosecute abusers, and disgorge any profits […]

Juggling Dynamite - Good macro overview in this segment recorded on Jan 5… David Rosenberg believes we will transition away from the current burst of inflation to renewed disinflation. In an interview with Alfonso Peccatiello, author of the Macro Compass newsletter, Rosenberg, president at Rosenberg Research & Associates, lays out his thesis for inflation going even lower than […]

Juggling Dynamite - In November, at around $1700 per share, Canada’s e-commerce superstar Shopify (SHOP) was priced at a crazy 40 x the company’s revenue and was officially the most expensive component of the TSX Index.   Since then, a 36% decline has knocked SHOP out of the top spot and back to where it was in October […]

January 10th, 2022 | Burning Less To Power More

Juggling Dynamite - A widely overlooked benefit of improving energy efficiency and powering the grid with electricity from the wind, water and sun (WWS) is that it will reduce our overall energy consumption by more than 50% globally.  You can see how in the Solutions Project Earth graphic here. In Canada, because we currently burn a lot of fossil […]

Juggling Dynamite - Danielle was a guest with Jeanhy Shim and John Northcott discussing some of the week’s major business stories.  Here is a direct video link.

Juggling Dynamite - Those without the ability or willingness to lose capital and wait years hoping to recover have no business owning stocks and risky debts (including funds and ETFs of them), never mind cryptocurrencies, SPACs, and the myriad of other Ponzi-like instruments. And yet, individuals, asset managers and speculators have never been more fully risk-exposed. Last month, […]

Juggling Dynamite - Finally, thanks to Tesla’s leadership, all of the world’s major vehicle companies are racing to evolve to cleaner technology that is much more energy-efficient and cheaper to run for owners.  See Ford plans to nearly double production of its new all-electric F-150 Lightning pickup by mid-2023: The increase is a positive sign of demand for the F-150 Lightning as […]

Juggling Dynamite - More than $1 trillion of trend-following capital flowed into global equity exchange-traded funds (ETFs) over the past year–exceeding the combined total of the past 19 years (data: Bank of America Corp. and EPFR Global.)  The chart below offers a visual courtesy of  Passive funds tracking U.S. equity indexes accounted for most of that inflow.   […]

Juggling Dynamite - Fuelled by crypto, SPACs and commission-motivated promoters, there were 1,110 initial public offerings globally in 2021 (3x the average of the past decade).  As shown below, two-thirds of them are ending the year with losses.   It is important to understand that there is no level of personal wealth at which those without scruples will […]

Juggling Dynamite - Valuable historical context for the Fed’s bubble-blowing antics in this Politico article around former FOMC member and QE dissenter Thomas Hoenig.  See The Fed’s Doomsday Prophet has a Dire Warning about Where We are headed.  Here’s a taste: As a bank examiner, Hoenig realized another very important thing. Easy money policies don’t just drive up the price […]

Juggling Dynamite - I have likened truth-telling in finance to being sober in a house of addicts; when noting irrational, destructive behaviours, you are often dismissed as the problem–too dumb, critical or boring to join the party. Adoring naked emperors is a common theme.  Most now know the story of Bernie Madoff’s Ponzi, and yet, compared with many […] Radio - The Fed never had your back and still doesn’t

Juggling Dynamite - After a rough couple of weeks, the risk trade is bouncing.  While those in the business of selling us risk (in exchange for our cash ‘trash’) advise that investing requires bravery, the truth is that risk management, discipline, and math-based assessments are the best predictors of longer-term financial outcomes.  Unfortunately, discipline and realism tend to […]

Juggling Dynamite - This week central banks are responding to political pressure around price inflation (lagging economic indicator) with accelerated monetary tightening plans. The central bank of Norway (Norges) doubled its policy rate to .50%, the Bank of England ended its bond-buying program and hiked its base rate to .25 from .10%, while the U.S. Fed doubled the […]

Juggling Dynamite - Today, Fed chair Powell will try to appease political pressure to “do something!” about inflation caused by supply-side shocks (which are already resolving themselves) and asset markets loco on the irrational belief that central banks won’t let asset bubbles burst.  Sure thing!  Of course, the policy mistakes were already made in not tightening financial conditions […]

Juggling Dynamite - The last 18 months have been the zenith of two decades of monetary madness and speculative mayhem.  For the few possessed of fundamental and historical context, conditions have been both amazing and disturbing to behold. Fear of missing out (FOMO) is a form of mental illness when it diverts focus and capital from time-tested first […]

Juggling Dynamite - This segment is a sober, worthwhile overview of inflation, growth, interest rate and risk market trends heading into 2022.   Here is a direct video link.

Juggling Dynamite - Whether calories, investment or spending, we can’t make intelligent planning and management choices unless we have accurate numbers; this means that transparent content labelling is essential, and we must overcome all those who oppose it. To stay within needed limits on greenhouse gas and other pollution emissions, we need to define our maximum budget per […]

December 9th, 2021 | The Myth that Cash is Trash Radio - Toppy markets show the risks involved in asset “bubbledom”.  See Charts.

Juggling Dynamite - The chart below shows the factors which have driven price gains in the S&P 500 stock index over the last decade, since 2011.  The breakdown should concern thinking people.   A full 40.4% of price gains (in green) have come from companies buying back their shares (something considered illegal market manipulation up until 1982).  Another 21% […]

Juggling Dynamite - After broad selling last week, the risk trade is bouncing.  Most stocks are now trading below recent highs and not just the most sketchy ‘meme’ names.  As shown below, courtesy of Mac10, beneath the hood, just 43% of even the widely considered ‘conservative’ Dow 30 components (red line) are above their 200-day moving averages. In comparison, the […]

Juggling Dynamite - The fact that long Treasuries have kicked the pants off the S&P 500 in total returns over the past 40 years is one of the best-kept secrets in finance.  Indeed, looking for a publicly available chart that reveals this is like searching for a needle in a haystack.  But then, a so-called investment sector that […]
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