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$17.5 TRILLION Consumer Debt in U.S. | How High Can it Go Before Crisis Level is Hit?
Manage episode 399810519 series 3343796
📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/
U.S. Consumers just set a new record for Consumer Debt, including more that $1,000,000,000 in credit card debt. This comes at a time where interest rates are still running higher than the Federal Reserve Board would like. We'll look into this story.
Also today, we look at the following stories:
🏦 Bank of Canada Governor Tiff Macklem says that the Bank is not to blame for the Canadian Housing Crisis.
🏦 The Bank of Montreal is having some success in the courts and is putting a positive shine on debt worries.
🛢️ Suncor is hit with a massive fine for violating environmental rules.
📵 Shares of SNAP are down 35% on advertising revenue concerns.
Full YouTube Video: https://youtu.be/q3TNDYYlykE?si=PYyMDY8Mczi0iL7y
Follow Me On My Socials:
Blossom Social ➤ (See My Exact Portfolio & Trades) - https://getblossom.page.link/brandon
Instagram ➤ https://bit.ly/3Oechgh
TikTok ➤ https://bit.ly/3PlNvfw
LinkedIn ➤ https://bit.ly/3RLndF7
Website ➤ https://www.theinvestingacademy.ca/
-----------
🏦🇨🇦 Sign Up Bonuses 💰💸:
► Blossom App (The Investor’s Social Network) – Follow My Trades & Market Insights (Download For FREE) - https://getblossom.page.link/brandon
► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK
► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt
► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z
► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s
The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.
Business Inquiries: darwin@theinvestingacademy.ca
-----------
Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.
425 эпизодов
Manage episode 399810519 series 3343796
📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/
U.S. Consumers just set a new record for Consumer Debt, including more that $1,000,000,000 in credit card debt. This comes at a time where interest rates are still running higher than the Federal Reserve Board would like. We'll look into this story.
Also today, we look at the following stories:
🏦 Bank of Canada Governor Tiff Macklem says that the Bank is not to blame for the Canadian Housing Crisis.
🏦 The Bank of Montreal is having some success in the courts and is putting a positive shine on debt worries.
🛢️ Suncor is hit with a massive fine for violating environmental rules.
📵 Shares of SNAP are down 35% on advertising revenue concerns.
Full YouTube Video: https://youtu.be/q3TNDYYlykE?si=PYyMDY8Mczi0iL7y
Follow Me On My Socials:
Blossom Social ➤ (See My Exact Portfolio & Trades) - https://getblossom.page.link/brandon
Instagram ➤ https://bit.ly/3Oechgh
TikTok ➤ https://bit.ly/3PlNvfw
LinkedIn ➤ https://bit.ly/3RLndF7
Website ➤ https://www.theinvestingacademy.ca/
-----------
🏦🇨🇦 Sign Up Bonuses 💰💸:
► Blossom App (The Investor’s Social Network) – Follow My Trades & Market Insights (Download For FREE) - https://getblossom.page.link/brandon
► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK
► Wealthsimple Trade ($50 cash bonus when you deposit $150 or more) - https://bit.ly/3v1FBQt
► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - https://bit.ly/3Pm2g1Z
► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s
The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.
Business Inquiries: darwin@theinvestingacademy.ca
-----------
Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.
425 эпизодов
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