Canadians’ household debt is high, but risk of major shock is low: economists

Canada has highest level of household debt in G7 Author of the article: The Canadian Press Rosa Saba Published Jun 28, 2023  •  Last updated 4 days ago  •  4 minute read While more Canadians will fall behind on debt payments, most households will manage, economists say. Photo by Ryan Remiorz/The Canadian Press files TORONTO —… Continue reading Canadians’ household debt is high, but risk of major shock is low: economists

3 pitfalls to avoid when trying to improve your credit score

Don’t pay someone to do what you can do for free Published Jun 28, 2023  •  Last updated 4 days ago  •  4 minute read Focus on improving how you manage the credit you already have to improve your credit score. Photo by Getty Images/iStockphoto files If I had to pick one underlying reason why consumers… Continue reading 3 pitfalls to avoid when trying to improve your credit score

Forget quantitative tightening – the Fed will double its balance sheet to over $16 trillion, boosting stocks

Ballooning debt will force the Federal Reserve to bring back quantitative easing, Michael Howell wrote. He said in the Financial Times that the Fed’s balance sheet will have to double. “Investors should therefore expect a continuing tail wind from global liquidity instead of last year’s severe headwinds.” Loading Something is loading. Thanks for signing up!… Continue reading Forget quantitative tightening – the Fed will double its balance sheet to over $16 trillion, boosting stocks

Wall Street analysts are betting on another online dating boom, but investors still aren’t sure about the swipe-right revolution

Wall Street experts see another online dating app boom coming, despite dismal stock performance since 2021. Players like Match Group have shed around 75% of their value since peaking in 2021. But online dating isn’t dead, analysts say, though investors are wary of placing bets on love as a recession looms. Loading Something is loading.… Continue reading Wall Street analysts are betting on another online dating boom, but investors still aren’t sure about the swipe-right revolution

Obama hails Bidenomics for fueling a jobs boom that’s helping American families weather inflation

Former President Obama praised the Biden administration for driving unemployment to historic lows. The jobs boom is helping many Americans afford to feed, house, and care for their families, he said. Obama reflected on the financial crisis and explained why he didn’t punish those who caused it. Loading Something is loading. Thanks for signing up!… Continue reading Obama hails Bidenomics for fueling a jobs boom that’s helping American families weather inflation

JPMorgan’s wealth management arm says these 5 strategies can help investors navigate a recession

JPMorgan Private Bank says the US is “more likely than not” to slip into recession by year-end.  In its 2023 midyear outlook, the wealth management firm said there are five ways investors can navigate the downturn.   These include investing abroad, buying bonds, and finding opportunities in industries hit by high interest rates. Loading Something is… Continue reading JPMorgan’s wealth management arm says these 5 strategies can help investors navigate a recession

24 ‘strong-buy’ stocks with the highest potential upsides based on consensus price targets from Wall Street’s top-performing analysts, according to a fintech company

TipRanks compiles stocks that Wall Street’s top analysts agree are strong buys. These 24 stocks have the highest upsides, based on averages of the top analysts’ price targets.  Analysts see 340% upside to Coherus Biosciences’ stock. This year’s stock market outlook remains uncertain even after a return to a bull market in the second quarter.… Continue reading 24 ‘strong-buy’ stocks with the highest potential upsides based on consensus price targets from Wall Street’s top-performing analysts, according to a fintech company