ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
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
June 6th, 2024 | Eyes Wide Open as Bank of Canada Blinks
Juggling Dynamite - Yesterday, the Bank of Canada (BOC) blinked on inflation fears and responded to weak growth and rising unemployment with the first rate cut in four years and the first since the epic tightening cycle began 27 months ago in March 2022. Markets are pricing in another 50 bps of BOC rate cuts by year-end. Canada […]
June 5th, 2024 | AI Mania Has Hyped Costs and Stock Prices
Juggling Dynamite - The costs of running generative AI are mind-blowing considering energy, training, and materials, while the revenue case is still largely missing. In just one example, Silicon Valley venture capital firm Sequoia estimates that in 2023, the tech industry spent $50 billion on chips from Nvidia to train AI but generated only $3 billion in revenue. […]
June 4th, 2024 | Easing Begins as Unemployment Rises
Juggling Dynamite - We’ve long noted that their actions tend to be contagious once central banks start easing rates in response to disinflation and weakening global demand. This week, the Bank of Canada (BOC) and European Central Bank are expected to follow the Swiss and Swedish central banks in announcing the first 25 basis point (bps) cut since […]
June 3rd, 2024 | EPB Macro: Recession Signal Still Flashing
Juggling Dynamite - Eric Basmajian of EPB Macro offers valuable business cycle insight, and his latest educational video is worth watching. Eric warns that ” a lapse in patience is often a fatal flaw in using a business cycle process.” No truer words… In this video, we look into sequential signals of Business Cycle Recessions. Here is a direct video link.