Both employees and human resources executives are seeing the impact of personal financial stress on work productivity and performance during the coronavirus pandemic, according to a new survey by Morgan Stanley at Work. While 82 per cent of employer respondents said they’re worried that personal financial issues are affecting employees’ work productivity, 64 per cent of […]
For intergenerational investors like foreign pension plans that have been ramping up exposure to alternative assets and leveraging their patient capital, it’s worth paying attention to Indonesia’s potential. “If you follow the logic that the country’s going to be the fourth or fifth largest economy in the world . . . then to me it’s […]
China’s debt situation appears dramatic, but worries about it shouldn’t necessarily deter institutions looking at investing in the country, says Andy Rothman, investment strategist at Matthews Asia. The majority of the debt stems from measures taken by the Chinese government to stimulate its economy after the global financial crisis, prior to which the country’s overall […]
Arrow Capital’s McGovern warns on HELOCs, debt and house prices.
Coverage of the 2011 Global Investment Conference.
$1 trillion in US distressed debt and close to 18% unemployment rate.
So huge is the debt load that they’ll need to save 8% of their income for six years just to get down to the 1999 level of 65% (still a record high).
Since the US has been the poster child for consumer debt, their showing versus other industrialized nations is surprising – in fact, it’s Denmark who’s actually in the lead.