Category: Blog

Nearly 1 in 4 homeowners would have to sell home if interest rates rise more: Survey

TORONTO — Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. The survey, conducted between April 14 and April 20, also found that 18 per cent of homeowners polled are already at a stage where they can’t afford their homes. Over one in five Canadians expect rising interest rates to have a “significant negative impact” on their overall mortgage, debt and financial situation, the survey fo
— Read on ca.finance.yahoo.com/news/nearly-1-4-homeowners-sell-080000420.html

Most of Bitcoin Pandemic Gains Came While Stocks Were Closed

(Bloomberg) — Most everyone knows that Bitcoin had a stellar two years when the pandemic broke out. But just about all of the coin’s gains since then have happened while US markets are closed. Most Read from BloombergAmazon’s Stock Split Delivers More Than Bargained ForElon Musk Says Twitter’s Lack of Info on Bots Breaches Merger DealStocks Rise as Higher Yields Keep Check on Rally: Markets WrapApple Unveils Biggest MacBook Air Redesign in Over a DecadeWhy Peak Inflation Is Near, According to E
— Read on ca.finance.yahoo.com/news/most-bitcoin-pandemic-gains-came-174704100.html

Investors may be in for this rude surprise: History shows inflation can take years to return to normal even when Fed hikes above 10% – MarketWatch

There’s a risk that U.S. price gains could take much longer than expected to fall, BofA Securities strategists said Thursday.
— Read on www.marketwatch.com/story/investors-may-be-in-for-this-rude-surprise-history-shows-inflation-can-take-years-to-return-to-normal-even-when-fed-hikes-above-10-11654192355