No one is immune to financial problems. Poor planning or going through a tough time, such as a divorce, illness or unemployment, can really tip the scales. Need help? Here are 10 tips for resolving your financial problems.
Cathy Duval |
Making a personal budget allows you to better understand your spending habits and make adjustments as needed. Beyond structuring your finances, a good budget will help you prepare for the unexpected and save money for the goals that are important to you.
Investors endured quite a roller coaster ride in the third quarter. Indeed, after a sharp rise for equities in the first half of the period, the decline that began at the end of August accelerated in September, thus bringing the vast majority of assets into negative territory for a third consecutive quarter.
Cathy Duval |
After a period of consolidation in early June, market volatility has returned over the past few days. The S&P 500 Index hit its lowest level since January 2021 while benchmark bond yields (U.S. 10-year yields) have reached a new high of nearly 3.48%.
Cathy Duval |
Just as we emerged from another wave of COVID-19 earlier in the year, the world outlook was thrown a new spanner in the form of Russia’s unprovoked invasion of Ukraine. Inflation was sitting at an uncomfortably high level even before Russia’s moves against its neighbour country.
2021 Highlights The underlying economic conditions remain good by historical standards and corporate-profit growth has been stellar in 2021. However, the backdrop is shifting and enthusiasm for the recovery has diminished. Moderating growth, the new Omicron virus variant and fading monetary stimulus have agitated financial markets. With demand for consumer goods bolstered by generous fiscal measures on the one hand, and a pandemic that has continued to complicate the day-to-day operations of many ports and...
Cathy Duval |
Autumn Headwinds The summer of 2021 may be remembered as the moment when certain assumptions related to the COVID-19 pandemic were called into question, including the assumption that mass vaccination alone would allow a rapid return to pre-pandemic reality. The most recent data from Israel has shaken that outlook. Without being totally reversed, the economic recovery already underway in advanced economies may slow down to allow time for the authorities in place to complete their...
Whether you’re shopping around for household appliances, in the market for a new or used car, or at the supermarket picking up basic essentials, you’ve probably noticed prices have gone up. If so, you’re not alone. With prices trending higher, inflation has become a dominant narrative over recent months. On one end of the spectrum are those that believe we are moving towards a prolonged period of inflation. On the other end are those that...
Cathy Duval |
Vaccinated or not? That is the question… The global economy continues to recover from the halt in operations caused by the pandemic. All signs point to a global recovery, but it will not be synchronized, as the reopening still depends largely on the ability of each country to achieve immunity. After making great strides in the fight against COVID-19, the planet now faces a new enemy: The Delta variant. In advanced economies, where vaccination campaigns...