Pandemic slams U.S. household formation: Fed
Impact on household numbers matches financial crisis
- By: James Langton
- August 7, 2020 August 7, 2020
- 15:58
Impact on household numbers matches financial crisis
National unemployment rate was 10.9% in July
Funds navigated initial market stress fairly well, but are left exposed to future turmoil, research finds
Average home prices are also up 16.9% from a year ago, at $943,710
Getting data on other marginalized groups is difficult
EMEA asset owners lead the way, but North American investors are catching up, report finds
Year-over-year insolvencies have dropped sharply
ETFs had their second strongest month of the year
Short-term trends appear rosy, but end of CERB looms
Path of the pandemic key to economy in Canada, U.S.
Most asset classes had positive returns, but trailed market indexes
In the same quarter, global ESG fund assets hit US$1 trillion, with positive Canadian flows, finds Morningstar
CFIB sentiment survey saw an uptick in confidence in July
Americans who have applied for unemployment has topped 1 million for 19 straight weeks
The increase in GDP beat economists' expectations
Labour Force Survey employment increased by 1.8% in May
The rating agency outlines the ongoing interest-rate challenge for the insurance industry
The decline in GDP in Q2 marked the sharpest such drop on record
Since the Fed's previous meeting in June, the pandemic's threat to the economy has appeared to worsen
Waning fiscal measures and battered consumer confidence could lead to economic stall-out as early as August
Air travel expected to take an additional year to recover, but 10-year oilsands forecast relatively unaffected by pandemic
This year's graduating class could experience significant earnings losses