Categories
Economy Real Estate

Evergrande’s Shares Sold at $1.2 Billion Loss

Evergrande’s second-biggest shareholder, Chinese Estates Holdings, is selling its entire 6.5% stake in Evergrande with a loss of about $1.2 Billion.

Categories
Finance

CCP to take Control of Evergrande – The Evergrande Restructure

There is speculation that the CCP will take control and restructure Evergrand.

Categories
Finance

Evergrande’s Biggest Bondholders – Can they Afford the loss?

Who are Evergrande’s biggest Bondholders and can they afford a significant loss from their Evergrande investments? Is a 1% portfolio exposure that big a deal?

Categories
Economy Education Finance

Teaching Children Financial Literacy – The A – Z of Money Book Review

Teaching children about money and Financial Literacy is important and something our education system isn’t succeeding at doing.

Categories
Economy

📈 Minimum Wage Rise – $18.80 per week

Over $2 million Australians are set to receive a pay rise as the minimum was is increased by $18.80 per week.

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Finance

60% Of Millennials Have No Savings Plan

60% Of Millennials have no savings plan and many see moving out of their parents home or paying for their own streaming services as significant financial achievements.

Categories
Economy

The Economy is back to Pre-Pandemic Levels

The Economy is back to Pre-Pandemic Levels but our per capita growth has been below trend for over a decade.

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Finance USA

Inflation Rockets to 4.2% – Gasoline up 49.6%

Inflation Rockets to 4.2% with gasoline up 49.6% from last year.

Categories
Economy

Global Computer Chip Shortage

The Global Computer Chip Shortage is getting worse.

Categories
USA

📈 Can We Trust Jerome Powell? – Transitory Inflation

Can we trust Jerome Powell and is the increasing inflation transitory?