IF a severe recession hits, how would the US banks fare? Based on the stress testing of the 23 large US banks, they have enough capital...

🚨 With the banking crisis in March, What is the impact on US banks' upcoming credit loss? Based on the latest Q1 ‘23 reserve changes,...

The top 4 US banks had another solid quarter with credit cards. This is the advantage of the diversified business model at full-service...

🇨🇦 Jan inflation down to 5.9%. Why is the price still high up there? Inflation measures the speed of price increases. The drop of...

Big 5 banks’ Q4 earnings reports are out. Here is an update of the mortgage book. 👇 It is a very Rough estimate, as each bank reports...

Q3 saw fast rate hikes and an uncertain future. How is the US household credit doing? Here is the latest Fed report: 👇 US household debt...

BoC hiked the rate by another 50 bps, which brings the cumulative rate hike this year to 350 bps. The increase is lower than the...

🇨🇦 Canada Rate Decision Today As the market expected, BoC hiked the rate by another 75 bps, in an effort to bring down inflation...

🇨🇦 Despite the recession risk, no need to panic. According to the reserve changes at the Big 5 Canadian banks. In Q3 F’22 (ending...

July inflation is out … +7.6% Y/Y. Finally, it is moving in the right direction, but still outpacing wages. 🟨 July inflation down to...

Recession with Full Employment? The macro trend underneath … US Q2 GDP Y/Y growth is -0.9%, according to BEA’s advance estimate today....

Actions don’t always match feelings. As confirmed by the credit card numbers in Q2 earning reports. Credit card purchases had a strong...

The horizon is stormy, but no clear sign of the severity yet. That is the message from the big banks in this earning season. The largest...

With the possible imminent recession, how would the US banks fare? Based on the stress testing of the 34 largest US banks, they have...

Even for those without any income loss, Market slides will lead to less consumer spending. This CBC piece explains the inverse "wealth...

The Fed reported a $42 billion growth in consumer borrowing in Feb 2022. Consumers seem to pay down balances more slowly. This could be...

🔟 Ten signs That we are at the endgame of the pandemic. Even though not all of them are welcomed. Gas prices spiked. Traffic on highways...

Disrupted recovery. No interest rate hike, yet. 1/25: IMF lowered the 2022 global GDP growth forecast from 4.9% to 4.4%. 🔻 🇺🇸 US:...