Sentences with phrase «record low debt»

Stronger job growth, record low debt service burdens, lower gas prices and increasing home values are supporting increased consumer spending.

For businesses, this suggests that the days of record low debt are over.

Canada recorded the lowest debt burden at 37.8 %, roughly the same as in 1988.

Not exact matches

That might be a sign of fiscal prudence, but it's also the result of record low interest rates that ease debt - carrying costs.

Household debt as a percentage of disposable income was was 163.3 % in the first quarter, Statistics Canada reported last week — only marginally lower than the record 163.9 % ratio the agency calculated for the fourth quarter.

The house - price bubble, combined with record levels of household debt, represent the biggest threat facing the Canadian economy; the sooner real - estate markets mellow and Canadians lower their debt burdens, the better.

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.

But unlike credit cards and most other consumer debt, mortgage interest is tax deductible and today's rates are near record lows.

Debt levels were low, and consumer spending, labour income and industrial production were racing to records.

Yields in the $ 14 trillion market for U.S. government debt touched record lows in 2016, driven by years of aggressive central bank intervention in the wake of the 2008 - 2009 financial crisis to keep interest rates low to stimulate the economy.

Shares of Singapore - listed offshore services company Ezra Holdings hit record low on Wednesday as concerns over its debt obligations continue to mount.

Carney was quick and decisive in slashing rates during the crisis, more so than other central bankers, but the sustained period of low rates has led to a record amount of household debt and other problems.

Based on the huge jump in credit card debt to an all - time high and the decline in the savings rate to a record low in Q4 2017, it's most likely that the average consumer «pre-spent» the anticipated gain from Trump's tax cut.

«He doesn't want to leave any question about the independence of the Governor of the Bank of Canada, but we have a situation under the Conservative government that has allowed record household debt... and the bank is really caught between a rock and a hard place, because these high debt levels create pressure for higher interest rates, but inflation is very low.

Erskine Bowles, co-chair of the Simpson - Bowles Deficit Reduction Commission has calculated that service on the interest for that debt alone, if rates stay near record lows, will be $ 1 trillion by 2020!

Alert finance directors at junk - rated firms have taken advantage of interest rates near record lows to refinance at least $ 250 billion worth of debt over the past half year.

Today the USA has created one of the largest debts ever recorded, both the public and private sector are heavily indebted, and much of that debt was created while global central banks were keeping rates at record lows over the last decade.

So far, interest rates on other kinds of consumer debt are not on the rise, since they are often tied to the Bank of Canada's benchmark rate, still sitting near a record low.

Shares in mining and trading company Glencore fell almost 30 % and closed at a record low on Monday over concerns it is not doing enough to cut its debt to withstand a prolonged fall in global metals prices.

Low oil prices have taken their toll on an already weak Canadian economy, where household debt levels are at record highs and business investment continues to lag.

Fixed Income With this summer's Greek debt crisis having abated somewhat and the European Central Bank (ECB) considering expanding its easy - money policies, US companies are rushing to the eurozone to issue debt at record - low interest rates.

In a seven page report released Friday, Beata Caranci says the need for financial literacy has never been higher because of record low interest rates and household debt growing faster than income, something the millennial population seems unprepared to deal with.

These low rates have encouraged investors in recent months to pile on risk, taking U.S. equities markets to record highs earlier this year despite an economy that's still being slowed by relatively high unemployment, huge debt levels, and tighter government spending.

Meanwhile, corporate debt remains at record highs while default rates have been at sustained lows — «something's got ta give,» S&P wrote in a report earlier this month.

They failed to take credit or make the case for the economic upturn, and how their policies have much to do with lower unemployment (5.8 %), significant debt reduction, healthy corporate balance sheets, greater financial stability (Dodds - Frank), record stock market numbers, as well as reducing the gap between high earners and the middle class through Obamacare and reducing the Bush tax cuts.

The stagnation of wages among low - and middle - income families and rising costs, of housing in particular, has led to record levels of consumer debt.

Italian banks lowered their holdings of sovereign debt by the most on record in June, according to Jefferies.

When combined with the industry's lowest payout ratio and one of the strongest balance sheets (ensuring plentiful access to low cost debt growth capital), STORE's dividend appears to be on very solid ground, even despite its rather limited dividend track record.

Financial records prove this; bonds issued, lower debt payments, restructure debt, stock price increase, yet not much funds available?

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

Debt will be partly reduced by record low bond yields — allowing Osborne to argue that by sticking with the programme we win market confidence and can afford to direct more money to schools and hospitals.

America faces a $ 20 trillion debt, over a decade of record - low economic growth, record - low labor participation, and increasing poverty.

Trump's budget ends the effective Perkins Loan program, eliminates the Supplemental Educational Opportunity Grant program, makes record cuts to Pell Grants, dumps the program to forgive student loan debts if a student works for at least 10 years in selected public sector jobs and ends a program that covers interest payments for low income students while they are enrolled in school.

Debt settlement is a process by which negotiators contact debtors and get them to agree to a lower amount to wipe a debt off of a person's recDebt settlement is a process by which negotiators contact debtors and get them to agree to a lower amount to wipe a debt off of a person's recdebt off of a person's record.

Fear and uncertainty about the global economy are leading investors to embrace the relative safety of U.S. government debt and slashing yields to record lows.

(and the gain is not tax free) The real cause of the increase in debt - to - income ratio is the following; 1) High taxation leaving fewer dollars in the hands of the public 2) Record low interest rates and relaxed lending criteria 3) The wealth affect of increasing Real Estate prices 4) ridiculous credit card interest rates 5) lack of real wage growth

In the wake of the Great Recession starting in 2007 and the ensuing global financial crisis, as well as European sovereign debt crisis, the FOMC maintained a record low target interest rate of 0 % to 0.25 % in order to encourage growth.

Companies with financial heft, a history of success, good business practices, and a track record for paying debts, issue bonds with lower interest rates than companies with lesser ratings.

The ratio of those who only service only the interest on their debt fell to a record low of 6.1 %, and the household debt service ratio, a measure of obligated payment as a percentage of disposable income, fell to 14 % from 14.1 %

So even with a high level of debt, the carrying costs of that debt, are also at record lows, so if you have a good income you can carry high levels of debt.

Household debt levels have hit record levels in recent years and housing markets have boomed, helped by low interest rates that have allowed consumers to borrow cheaply.

The strong expansion of household spending, encouraged by a prolonged period of historically low borrowing rates, has created concerns over Canadians» record - high debt loads.

National Debt Relief has a proven track record of high reduction rates, low fees, and even provides a money - back guarantee.

Consumers seeking debt relief have generally been more conscientious about paying down their outstanding balances since the end of the recession, leading to all - time record lows in instances of both delinquency and default.

In a country where consumers have grown accustomed to low rates, and where households are burdened with record levels of debt relative to income, this kind of change is worth noting.

Household debt levels are at record highs relative to income and interest rates are at record lows.

Instead, a private lender will look at your track record of handling debt and other financial information to give you a new (ideally lower) interest rate on your consolidation loan.

The CEO announced that in a letter posted on the Financial Times website, «I'd like to just set the record straight here and now: there is absolutely no plan, strategy or intention for GM to file for bankruptcy» GM faces a host of issues, revolving around legacy liabilities, poor design, poor marketing (reliance on sales, rather than everyday low pricing), high production costs, low flexibility, and high debt.

If a share's genuinely «bad» — say, in terms of excessive debt, poor margins, low return on equity, erratic P&L record, etc. — then logically, those sub-par financial metrics will automatically get incorporated into your stock valuation anyway (in suitably quantitative fashion).

• Rising sales • Rising earnings • Rising dividends • Strong balance sheets • Ample cash • Modest debt • Stocks with a proven record of low volatility in previous stock market declines.