Things to Put Your Money In
Besides your bag, which may be an investment in itself, there are a several specific accounts that are designed to help you financially plan for the future.
Besides your bag, which may be an investment in itself, there are a several specific accounts that are designed to help you financially plan for the future.
Over the past few years there’ve been many broad and very public predictions of an impending market downturn. I remember
It’s really hard to know what the next right move is. On one hand, things seem to be going well,
Some economists are starting to worry about the future of the economy, pointing to a “flattening” of the yield curve,
Today the US Federal Reserve (their central bank), headed up by Janet Yellen, raised the US interest rate by a quarter of a percentage point to 0.75% from 0.5%.
For the decision, Janet Yellen explained: Keep Reading
Over the past few years there’ve been many broad and very public predictions of an impending market downturn. I remember
Besides your bag, which may be an investment in itself, there are a several specific accounts that are designed to
It’s hard to know what Americans must be thinking right now about the country’s economic future. About half (give or take
The Bank of Canada decided today at their September meeting to keep rates as is, at 0.5%.
What is this interest rate, what’s it about, what does it mean?
This rate actually only applies directly to banks. The Bank of Canada sets this rate as the amount of interest banks may charge when they loan each other money. The banks then add a couple percentage points to that and call it the consumer rate = a 2.5% lending rate. This extra 2% is added because there are regulations in place for our big banks that stipulate how much capital, or money reserves, a bank must have at all times based on how much it is loaning out. This ensures that the bank can cover any defaulting loans and also means that our Canadian banking system is pretty air tight, particularly in comparison to that of our southern neighbour – though their regulators have asked the banks to carry more cash after that 2008 fiasco, likely not enough though to ensure protection…)
Why does it change though? Keep Reading
Besides your bag, which may be an investment in itself, there are a several specific accounts that are designed to
Today the US Federal Reserve (their central bank), headed up by Janet Yellen, raised the US interest rate by a quarter of a
Today in New York Bloomberg held a Canadian Fixed Income Conference where Stefane Marion, a Montreal-based economist and strategist at