Down Debt

FSC gives top priority to bringing household debt growth back to pre-pandemic levels

The head of South Korea’s main financial regulator said he would continue his efforts to bring household debt growth back to pre-pandemic levels, as the rapid rise in debt has become a major risk that could threaten the country’s economy. Koh Seung-beom, head of the Financial Services Commission (FSC), nevertheless indicated that he would use […]

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Camping World Holdings (NYSE: CWH) appears to be using debt quite wisely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from risk.” So it seems like smart money knows that debt – which is usually involved in bankruptcies – is a very important factor, when you assess the level of risk […]

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Why inflation can be good for ordinary Americans and bad for the rich

CNN By Allison Morrow, CNN Business No one likes to pay more for stuff. That’s why inflation, especially the steep price hikes we’ve seen in recent months, sounds like a bad word. But overall, inflation can actually be a good thing for many working-class Americans, especially those with fixed rate debt like a 30-year mortgage. […]

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Five tips for new mortgage borrowers as credit law changes force lenders to crack down

Bolton said recent examples of mortgage borrowers struggling to meet new service demands include a couple splitting up with existing equity (one partner earns less and wants to buy out the other), a small business owner low income who puts money back into their business and a borrower wishing to use their partner’s board as […]

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Meet the Typical American Gen Zer: Debt, Savings, Trends

Generation Z, the oldest of which is 24 this year, is the new “it” generation. They create trends in fashion and in the workplace, influencing the behavior of consumers and workers. And they are saving more than they are spending and are expected to dominate the economy in 20 years. Generation Z has stolen the […]

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Lil Baby runs into YK Osiris and places a $ 5,000 debt on him

Lil Baby is serious about raising his money. On Wednesday (November 24), a vlog surfaced on Icebox’s YouTube channel with Lil Baby doing expensive bling at the famous jewelry retailer. In the middle of his shopping spree, he met his good friend YK Osiris. The Atlanta rapper was friendly with the 2019 XXL Freshman at […]

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United Spirits (NSE: MCDOWELL-N) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but the possibility that you will suffer a permanent loss of capital. It is only natural to consider a company’s balance sheet when considering how risky it is, as debt is often involved when a […]

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Texas adds 2,300 oil exploration and production jobs in October

Texas oil exploration and production companies added 2,300 jobs in October, the sixth consecutive month of gains. The state has 183,400 drilling and extraction workers, about 17% less than the 220,300 before the pandemic began in January 2020. Texas has reclaimed 25,900 – 43% – of the 60,000 upstream jobs lost during the pandemic, according […]

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What kinds of risks and rewards don’t you watch out for? The answers may surprise you

With all the risks in the financial markets, there is one type of risk that many of us tend to ignore. It can also present opportunities. This is the Social Environment and Governance, or ESG. When selecting investments, it is everyone’s business. Businesses with less risk can also present opportunities that you miss. getty Not […]