Sentences with phrase «of high levels of debt»

One reason may be because of high levels of debt, but beyond that, refinancing is simply a sensible idea.

Not exact matches

He points to high levels of global debt, low liquidity in markets, political events affecting trade and structural imbalances in some emerging economies.

While the high level of existing debt means rate hikes will have a stronger impact in cooling demand than they did in previous years, it is still too soon to know just how much of an effect the bank's three rate hikes have had, Poloz said.

According to the Institute of International Finance (IIF), global debt levels rose by a further $ 21 trillion last year (US dollars), leaving total outstanding debt at $ US237 trillion, the highest level on record.

«Canadian policy - makers have allowed household debt to rise above the disturbingly high levels reached in the U.S. in 2007, raising the risk of a similar potentially disastrous deleveraging down the road,» Madani wrote.

«I think a lot of that negative news is priced in — you have competition, you have high debt levels and you have rising costs.

A parade of reports and experts explained away high house prices and debt levels with many of the same arguments we hear today in Canada — yes, prices are way up compared to rents, but the analysis is built on flawed data; debt levels are high, but so are house prices, which minimizes the risk; America's demographics support the boom; and then the classic: There'll be a soft landing.

The banking system has been weak for years as most institutions have failed to deal with the high level of bad debt in the wake of the financial crisis.

There's opportunity in emerging market debt despite growing concerns over higher credit levels and the impact of a strong dollar, the chief executive of Goldman Sachs Asset Management told CNBC on Tuesday.

While the BoJ has argued that central bank asset purchases would not work in the absence of structural reforms, strategists said that high government debt levels will constrain fiscal expansion.

On the other hand, leaving the interest rate low encourages the kind of borrowing and spending that has produced record - high levels of consumer debt in Canada and pushed housing prices into the stratosphere.

Japan's government has among the highest debt levels in the world, with a debt - to - gross domestic product (GDP) ratio of 220 percent.

The average Canadian senior's shaky financial status is another key factor: many have high levels of debt without the savings or pensions they need to maintain adequate lifestyles.

«Domestically, the household debt level is quite high,» said Wong, a member of the opposition Parti Keadilan Rakyat (PKR).

A drop in the euro provided support, helping the exporter - heavy DAX index outperfrom with a rise of 1.5 percent, while Italy's FTSE MIB rose 1.2 percent to its highest level since October 2009, as government debt rose on dimming prospects of a snap election.

In its latest statement, it said «household vulnerabilities have moved higher,» which is how policy makers describe the troubling nexus between excessive housing prices in many cities and record levels of household debt.

The record high levels of consumer debt among Canadians has also raised a red flag from Bank of Canada governor Mark Carney and others who have warned that interest rates will rise at some point — raising the cost of borrowing.

Morneau said many families looking to buy homes have found themselves priced out of the market, while others have had to pile up high levels of debt.

Public sector banks are likely to be more hesitant to lend money to these borrowers because chances of a turnaround for companies with high levels of debt seem unlikely, at least in the near term, according to Awtani.

Staley told CNBC that given the high level of debt across the world, in particular among emerging markets where dollar - denominated debt has grown dramatically, many economies could be at risk if there were sudden changes in financial conditions.

However, the lender also cautioned clients about the possibility of a sudden drop in the value of cryptocurrencies which «could expose them to substantially higher debt levels than they are able to repay.»

Bad debt and high levels of shadow banking activities are among the country's most worrisome risks.

The country also has a high level of debt servicing ratio, which made its banking system more vulnerable.

There has been a public debate about whether Canadians will have sufficient income in retirement given that generally people live longer, that there are more people of retirement age and that savings rates are low debt levels high.

Elevated debt levels from the acquisition, after accounting for the recent C$ 345 million equity issue, contribute to estimated pro forma leverage of about 3.5 x, which is high for the rating.

«The process of lowering interest rates causing higher levels of debt, debt service and spending, I think is coming to an end.»

He mentioned that Spain still has a very high level of debt, both public and private, and unemployment is still a burden.

SocGen argues that it's the major economy with the «most significant risks with pockets of significant excess in housing, high debt levels and a burgeoning NPL problem,» and thus they see the risk of a hard landing at 20 %.

The central bank has concerns about the ability of households to keep paying down their high levels of debt when interest rates continue their rise, as is widely expected over the coming months.

As a perverse reward for its rapid growth and heavy infrastructure investment, China is starting to face some of the trials of mature economies: a stagnant workforce, a real estate bubble, and high local government debt levels.

High levels of consumer debt leaves current levels of homebuying and construction resting on a weak foundation.

Jim Rogers: The high levels of debt in some areas.

Paul Bloxham of HSBC also says that higher debt levels are unlikely to constrain the Australian economy's growth.

Any number of shocks could send Canada's house of cards tumbling, the bank says, particularly higher borrowing costs that pinches households already carrying record high levels of debt.

After both previous major crises — when private and public debt levels were relatively high — slower debt growth, selective debt re-structuring and a long period of reflation have been the solution.

Beyond these concerns, of course, we still need to fix problems that have been with us for some time during the crisis: unacceptably high unemployment, especially among young people; high levels of debt in many countries; and the need to complete the financial reform agenda.

Debt consolidation can make a lot of sense for people with a high level of debt or paying a lot of biDebt consolidation can make a lot of sense for people with a high level of debt or paying a lot of bidebt or paying a lot of bills.

If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years — reaching the highest level of debt relative to GDP ever experienced in this country.

China certainly has a high absolute level of debt, with levels much higher than those seen in other emerging market (EM) countries who experienced debt crises, according to Bloomberg data.

So, in summary these are some of the themes we might expect to see in the next chapter — the impact of technology and the growth of Asia; the normalisation of monetary conditions; the effects of higher levels of household debt; and the capability of our workforce and businesses to be flexible, innovative and adaptable.

NEW YORK — Auto loan originations are at the highest level in eight years and auto loan balances, which include leases, have increased for the 13th consecutive quarter, according to the Federal Reserve Bank of New York's Q2 2014 Household Debt and Credit report.

The third question we have focused on over recent times is the implications of the high and rising level of household debt.

Currently at record high levels, BCHP funding will increase debt for many home buyers who take advantage of this program, as it will serve as a second mortgage owed to the British Columbia Housing Management Corporation.

The aggregate debt - to - income ratio has trended higher, but the ratio of interest payments to income is not particularly high, given the low level of interest rates (Graph 8).

The low level of interest rates means that even though debt levels are higher, the share of household income devoted to paying mortgage interest is lower than it has been for some time.

This brings me to a third plot line: that is, how we deal with the higher level of household debt and higher housing prices, especially in a world of more normal interest rates.

Risks associated with the Consumer Discretionary sector include, among others, apparel price deflation due to low - cost entries, high inventory levels and pressure from e-commerce players; reduction in traditional advertising dollars; increasing household debt levels that could limit consumer appetite for discretionary purchases; declining consumer acceptance of new product introductions; and geopolitical uncertainty that could impact consumer sentiment.

At the heart of this uncertainty is the high level of household debt.

As for Fed easings, I continue to doubt the effectiveness of easy monetary policy in an environment where problem debt levels are unusually high and capital spending is retrenching.

President Trump enters office with high levels of debt, rising deficits, major trust funds facing shortfalls, and no agreement on how to address these challenges.