Several investment income strategies can help ensure financial stability. getty As your retirement approaches, like many Canadians, you may want to shift your financial focus from wealth accumulation to generating reliable income streams that can sustain your lifestyle during your golden years. There are several investment income strategies for you to consider that will ensure
Four months after the State Council, China’s cabinet, unveiled a nine-point document aimed at restoring investors’ confidence and attracting long-term funds, the market is back in a downward spiral after a relief rally. There are telltale signs of investors shunning stocks: turnover on the Shanghai and Shenzhen exchanges has plunged to a four-year low, the
The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages. Right now, most experts envision three quarter-point Fed cuts — in September, November and December — though even steeper rate cuts are possible. “The
With Federal Reserve rate cuts expected to begin in September, income investors may want to make sure their portfolio is in check. On Friday at the Fed’s annual retreat in Jackson Hole, Wyoming, Chair Jerome Powell said, “The time has come for policy to adjust.” However, he didn’t specify the exact timing and the magnitude
Ken Leech, the longtime Western Asset Management chief investment officer, left that role amid probes from the Justice Department and Securities and Exchange Commission into whether some clients were favored over others in allocating gains and losses from derivatives trades. Leech, who manages some of the largest bond strategies in the US, will take an
A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be skewed against some issuers. Catastrophe bonds, which are issued by insurers, reinsurers and governments seeking an extra layer of disaster coverage, have been handing investors double-digit returns. Issuers, meanwhile, have seen their costs soar. Grievances surfaced in
U.S. Treasury yields were lower on Friday as investors weighed this week’s key data and considered the state of the economy. At 3:15 a.m. ET, the yield on the 10-year Treasury was down by over two basis points to 3.9035%, hovering around the 3.9% level it had crossed Thursday. The 2-year Treasury yield was last
A man counts 100 renminbi notes with the Chinese flag in the background. Sheldon Cooper | SOPA Images | LightRocket | Getty Images China’s new bank loans fell to a 15-year low in July in what some analysts see as a sign of continued weakness in the economy. But others said investors “should not panic”
After two lackluster years, Wall Street bonuses are poised to jump in virtually every sector of the industry, with debt underwriting likely to be the biggest winner. Bankers who help companies sell debt may see payouts swell as much as 35%, as deals pick up and capital markets rebound from multiyear lows, according to a
We’re in some weird times. On Friday, it was a weaker-than-expected jobs report, and on Monday, there was a global stock market meltdown. The one bright spot is that weekly mortgage rates fell to their lowest level since February, so that’s good news for potential homebuyers or those who have been waiting to refinance or