Are we in a mild recession now? Maybe, though it’s hard to tell just yet. Whichever direction markets may move over the coming few quarters, the unpredictable nature of the post-pandemic economy is likely to become more predictable. And that’s a good thing from an investment point of view.
This quarter we focused on how to navigate our emotional relationships with our investments, the connection between a brand and its customers, and the many forms our relationship with money can take over the course of our lives.
What impact does the recent downgrade of U.S. national debt have on the American economy and individual portfolios? That question is on the minds of many people these days.
Despite many investors ending most of their accumulation years in the green, their actual calendar-year returns seldom fall in the ideal 5-7% range. So, it becomes crucial to have strategies in place both leading up to and during your retirement, to avoid return-based loss.
Mortgage rates have increased significantly over the past 18 months. The BoC estimates that borrowers who renew their loans over the next few years will see a 20% - 40% increase in monthly payments, which has investors concerned with Canadian banks’ mortgage businesses.