Five reasons to love rising interest rates
Filed Under Main Content · Tagged: Bank Of Canada, Banks, Bond Yields, Borrowers, Cheap Money, Consumers, Deep Breath, Disaster, Economy, Fixed Income, Globe And Mail, Investors, Love, Mortgage Rates, Rising Interest Rates, Sanity, Segments, Seniors
The Globe and Mail- With the Bank of Canada poised to raise interest rates as early as June, nervous borrowers are bracing for the end of cheap money.
Big disaster, right? Hardly.
Sure, consumers carrying onerous amounts of debt will feel the pain when rates climb from today’s ultralow levels. But for others – savers, seniors and fixed-income investors, for example – higher rates can’t come soon enough.
Rising rates might even restore some sanity to segments of our economy that have gotten drunk on all the easy credit. So, with banks already ratcheting up mortgage rates and bond yields creeping higher, let’s take a deep breath and focus on the positives.
Here are five reasons to love rising interest rates…
Five reasons to love rising interest rates – The Globe and Mail
The financial crisis: What a soap opera it was
Filed Under Main Content · Tagged: Canada, Consumers, Evil Geniuses, Financial Crisis, Investors, Mortgage Brokers, Nbsp, Soap Opera, Vortex
Canada.com – There were villainous bankers, unscrupulous subprime mortgage brokers, brainiac derivative engineers turned evil geniuses, lustful consumers, steely-eyed central bankers, hapless investors and delusional homeowners all swept up into the vortex of it all. …
The financial crisis: What a soap opera it was
Signs point to another scary October for investors
Filed Under Main Content · Tagged: Bank Reports, Borrowers, Canada, Investors, Mortgage Loans, Nbsp, Scary, Signs Point, United States
Canada.com – This leaves 25 million borrowers, or 48 per cent of all people in the United States, buried under mortgage loans, the bank reports. …
Signs point to another scary October for investors. Column.
Stock markets tumble on recession reminders
Filed Under Main Content · Tagged: Canada Toronto, Cmc, Declines, Investors, Market Analyst, Ottawa Citizen, Profits, Rally, Recession, Reminders, Resistance, Sessions, Signs, Stock Markets Tumble
Ottawa Citizen, Ottawa, Ont – “In recent sessions, signs had appeared suggesting that bullish interest in equities and the two-month rally was tiring and that some investors were starting to take profits,” said Colin Cieszynski, market analyst at CMC Markets Canada in Toronto. “Today, it appears that bearish selling pressure, which had first appeared as upside resistance, may be increasing, along with concerns that although it appears the worst of the economic declines may be behind us, the road to recovery may yet be long and arduous.”…
