The Trouble With Tapering

New developments with US tapering this week.

The global cost of borrowing has been whipped into a frenzy this week, as the U.S. unveils its latest tapering bombshell. Be sure to check out our breakdown on why markets are reacting this way, and whether this will translate into higher rates for Canadian consumers.

The focus has also been growing on the dangers of subprime lending, particularly in the auto industry. Don’t miss our expose on how these loans work – especially if you’re on the hunt for a new car.

Tapering Round 2 Knocks Out Emerging Markets

The U.S Fed announced the second round of tapering for their bond buying program on Wednesday, a signal the country is ready to wean itself off cheap money. Emerging global economies, however, may not be so ready to go cold turkey, as markets slide and currencies drop.

What impact will this have on the Canadian cost of borrowing? Can we expect rates to rise?

Read Penelope’s Blog | Tapering Round 2 Knocks Out Emerging Markets

Is This The Beginning Of A Stock Market Correction?

2013 was a banner year for the stock market, with indexes around the world jumping up to 35 per cent! But experts cautioned such conditions were too good to be true, and called for an inevitable market correction. Now, as markets slide in response to emerging market fears and the U.S. Fed tapering, is the “Great Correction” finally upon us?

Read Rubina’s Blog | Is This The Beginning Of A Stock Market Correction?

Leave Your Card At Home With The Latest Mobile Wallets

Leaving your wallet at home is a nightmare situation for most of us – but the future of banking means going completely cash and card free. New mobile wallets have been released by a number of the big banks, allowing consumers to make purchases directly with their smartphones. Here’s our low down on the latest to hit the market.

Read Jaclyn’s Blog | Leave Your Card At Home With The Latest Mobile Wallets

Are You A Bond Investor? How Rising Interest Rates Affect You

Government bonds are a common component of many retirement plans – but today’s rising interest rate environment pose a threat to their value. A recent poll from CIBC Asset Management found, however, that most bond investors aren’t aware of these risks, and the impact of rising rates on their portfolios. Here’s what you need to know about the relationship between bonds and rates – and whether you should take action.

Read Sean’s Blog | How Rising Interest Rates Affect You

What You Should Know About Subprime Car Loans

Need to buy a new car – but your credit score has seen better days? You’ll likely be pitched taking out a subprime car loan with a sky high rate – an interest trap that has snared many unsuspecting car buyers. Don’t walk onto a car lot without reading about these subprime loan risks.

Read Gordon’s Blog | What You Should Know About Subprime Car Loans

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