Danielle Park: Stocks Fall When The Fed Starts Cutting Rates, Says History

Adam Taggart | Thoughtful Money, Released on 5/16/24

When today’s guest appeared for the first time on this channel a few months ago, a start was born. Those who hadn’t yet heard of Danielle Park were impressed by both her command of the macro data and her unflinching courage to call things as she sees them. She highlighted a number of concerns about the trajectory of the economy and markets back then — and today we check back in with her to see whether things have improved…or gotten worse? Well, Danielle thinks they’re “worse”. Stress cracks in the economy are now much more clearly visible. And the markets? While they’re currently being driven to new highs by “madness” (see: Gamestop), investors hoping for rate cuts may indeed get them. But history shows that stocks fall, often hard, during rate cut regimes. So investors better be careful what they wish for. And they’d better be prepared. Too many are too long and too confident right now. To hear how she’s positioning client capital right now, watch this video.

Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an international securities firm. A Chartered Financial Analyst (CFA), she now helps to manage millions for some of North America’s wealthiest families as a Portfolio Manager and analyst at the independent investment counsel firm she co-founded Venable Park Investment Counsel Inc. www.venablepark.com. Over the last decade, Danielle has been writing, speaking and educating industry professionals and investors on the risks and realities of financial behaviors. A member of the internationally recognized CFA Institute, Toronto Society of Financial Analysts, and the Law Society of Upper Canada. Danielle is also an avid health and fitness buff.

Adam Taggart is the Founder of  Thoughtful Money. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.

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