The Market Bottom Is Not In Yet | Danielle Park

The Market Bottom Is Not In Yet | Danielle Park

According to the latest government data, the US economy is growing faster than expected, inflation is largely under control, jobs are plentiful and consumer households remain "resilient". So from this perspective, times are good. But talk to real consumers and you hear a very different story. The cost of living is at crippling levels, forcing consumers to stop saving and put an increasing amount of their living costs on revolving credit -- which currently charges record high APRs. Consumers looking for new jobs report the market is not nearly as hungry for workers as the government numbers suggest. Instead, hiring freezes and layoffs are prevalent. From their view, times are tight and getting tougher. Which story is the more accurate one? And should we expect things to get better or worse from here? For answers, we're fortunate to turn to Danielle Park, president and portfolio manager for Venable Park Investment Counsel, Inc, where she manages millions for some of Canada’s wealthiest families. She's also proprietor of the daily financial website JugglingDynamite.com


WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #recession #housingmarket #marketcrash

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Episoder(623)

"Crash Pricing" Setting In As Distressed Home Sellers Capitulate | Nick Gerli, Reventure

"Crash Pricing" Setting In As Distressed Home Sellers Capitulate | Nick Gerli, Reventure

After years of refusing to lower prices, more and more home sellers are starting to throw in the towel, says housing analyst Nick Gerli of Reventure Consulting.And as more distressed inventory hits th...

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SpaceX To Rocket Market Higher, Or Will Gravity Win Out? | Eric Jackson

SpaceX To Rocket Market Higher, Or Will Gravity Win Out? | Eric Jackson

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.comHedge fund manager & activist investor Eric Jackson ...

7 Jul 1h 22min

Fourth Turning To Turn The Dollar Into A Wrecking Ball? | George Gammon

Fourth Turning To Turn The Dollar Into A Wrecking Ball? | George Gammon

After bottoming early this year, the US dollar has been on a tear.That has created a lot of pain for many countries around the world, as many imports priced in dollars have risen in response to the Ir...

5 Jul 1h 46min

Earnings Expectations Courting Disaster? | Lance Roberts

Earnings Expectations Courting Disaster? | Lance Roberts

Happy 250th birthday, America!On this special edition Market Recap, portfolio manager Lance Roberts shares his concern about forward earnings estimates.They've been rising so far, so fast, that there'...

4 Jul 1h 42min

Longtime Bull Sees "High" Risk Of Market Correction Soon | Darius Dale

Longtime Bull Sees "High" Risk Of Market Correction Soon | Darius Dale

Darius Dale notes that the risk of a 1998-style correction in the next quarter or two is "high".If you remember, that's when the Russian debt default plunged the S&P by -15% between July and October, ...

2 Jul 1h 27min

Things To Fall Apart After The Mid-Terms? | Stephanie Pomboy

Things To Fall Apart After The Mid-Terms? | Stephanie Pomboy

Stephanie Pomboy of MacroMavens returned for her latest monthly update.She sees mounting stresses in consumer households, private credit and oil markets.So, exactly WHEN does she think these will actu...

1 Jul 1h 11min

Top Of The K-Shaped Economy Starting To Crack? | Danielle DiMartino Booth

Top Of The K-Shaped Economy Starting To Crack? | Danielle DiMartino Booth

The continued challenging cost of living is still at the forefront of most Americans minds, but the stock market -- trading near record highs -- appears it couldn't care less.And the economy continues...

30 Jun 1h 1min

There's Going To Be One Hell Of A Hangover When The Market Party Ends | Louis Gave

There's Going To Be One Hell Of A Hangover When The Market Party Ends | Louis Gave

International investor Louis Gave returns to share where he sees risk & opportunity in the markets right now.As for risk: he sees a LOT of it.The market is drunk on speculation. And when the party end...

28 Jun 1h 2min

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