U.S. consumer spending rose a moderate 1.4% in September
Americans have been spending freely on goods while cutting back sharply on purchases in the service sector
- By: Martin Crutsinger, The Associated Press
- October 30, 2020 October 30, 2020
- 09:19
Americans have been spending freely on goods while cutting back sharply on purchases in the service sector
Support for disclosure standards growing but reporting lags
Mutual funds top the list of most complained about product
Economy is slowing again as coronavirus surges
Plans may face headwinds in coming months, however
Investors could consider reworking the traditional 60-40 portfolio
Self-reported risk tolerance has risen, according to a national poll
Individual claims attributable to the virus peaked at 12.34% in April
The increase was observed in early October, StatsCan says
Working Canadians have relatively low knowledge about financial topics, according to a Mackenzie survey
Analysts wonder which firm is next
The transaction is strategic without creating undue reliance on markets
Advisors may need to review financial plans more as the pandemic forces clients' priorities to change
The Bank of Canada is overdoing the federal bond buying, a report says
Governance remains the top factor impacting investment decisions
Study estimates that travel restrictions are taking heavy toll on GDP, jobs
StatsCan study aims to capture off-the-book economic activity
Fund assets saw net redemptions of $33 million in September
Technology can help firms and advisors meet changing client expectations
Polls suggest Canadians could incur significant costs during Covid-19