Student loans are rarely discharged in bankruptcy, so outstanding balances weigh on borrowers’ spending and saving ability for years. This matters for individuals and the economy as a whole. A lengthy ...

Unfortunately, many individuals and pensions hold high, inappropriate financial risk that pays rich fees to ‘advisors’ and ...

Risk markets are staging another bear market bounce on Trump’s latest statement that he does not intend to fire Fed Chair Powell. They are also negotiating with China. These things pass as good news ...

CREA now expects 482,673 homes to be sold in 2025, a decline of 0.2% from 2024, and much weaker than the 8.6% increase in ...

At the moment, falling revenue projections and rising input costs are pushing earnings expectations in the opposite direction ...

Companies borrow at a premium or spread rate above similar-dated Treasury bonds. Last week, high-yield spreads (companies ...

Erratic announcements from the Trump administration continue to spook an exodus of capital from asset markets. This morning, the trend intensified following Trump’s latest threats to fire the Federal ...

Buying assets with high loan-to-value ratios tends to magnify price cycles up and down. Leveraging assets like principal residences to get downpayments for other assets leads to a daisy chain of woe ...