The developed world’s current woes—anaemic economic recovery, deleveraging of private sectors and shrinking balance sheets of the financial sector—will likely continue for another decade. At the same time, the dynamic emerging world will create a desirable background story.
Although markets were up during the first quarter of 2012, unabated volatility continues to leave investors undecided whether it’s time to buy or sell.
Given global economic uncertainties, there are no good places to invest. Boston-based Jurrien Timmer, director of global macro at Fidelity Management & Research Co., made this statement at the Toronto Morningstar Investment Conference.
Nearly two centuries ago, China was the largest economy in the world, accounting for a third of global output. Today, the world’s oldest civilization, and the fastest growing economy, seems determined to regain its lost glory and assert its economic supremacy on world stage.
As risk aversion continues to haunt equity markets, corporate credit risk looks reasonably good. Despite deleveraging and a prolonged economic decline that threatens to take down some companies, investing in corporate bonds might be a worthwhile alternative to equities.
CARP appears to be getting little industry support in its resistance to the federal government’s raising OAS eligibility from age 65 to age 67.
Emerging economies are still growing faster than developed countries, so investors must seize the opportunities beyond Canada’s borders, said a panel of experts at The Economic Club of Canada’s Scotiabank Emerging Markets Forum in Toronto yesterday.
The prospect of insufficient retirement income keeps most Canadians up at night. But the third annual RBC Retirement Myths and Realities Poll reveals the majority of boomers can’t wait to retire.
The Canadian Association of Retired Persons (CARP) is leading the pushback efforts against the federal government’s decision to raise the OAS eligibility age from 65 years to 67 years.
While Canadians are feeling a bit better about their overall financial health, they are still plagued by the thought of insufficient income in retirement, according to the recent Russell Financial Health Index.
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