Canada Consumer Debt Follows US, Hits Record Levels

HFA Padded
Rupert Hargreaves
Published on
Updated on

NAFTA is on the table but at least for 2/3rd of the union there is some union as Canada’s Consumer debt follows as scary pattern akin to America At the end of July, propriety data from UBS showed that US consumers are coming under increasing strain as leverage rises faster than earnings. [dalio] According to the proprietary UBS Evidence Lab survey, the percentage of lower and middle-income consumers that have ‘strained’ finances (consumers are ‘strained’ if their monthly income barely covers or is below monthly expenses) remains near peak levels, at roughly 36% of all US consumers. US Consumer Defaults Are On The…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk