Timothy Sumer

UK Inflation is destroying the UK Economy. This week the UK inflation rate was reported at 7.9%, a drop from 8.7% from the prior month. This means consumer prices are still up 7.9% from last year and WAY above the Bank of England target inflation rate of 2%. In conjunction with this, the Bank of England have hiked interest rates to 5%, up from the 0.1% they were just a couple of years ago, putting ever more financial stress on the UK public and taking the cost of living crisis to another level. Here are my thoughts on this latest piece of economic data and what I think the UK government and Bank of England should do about it... Recommended Platforms & Tools: 💰 Up To £100 FREE Share With Trading 212 Use PROMO Code “MITCH”: 📬 Subscribe To The FREE Weekly Market Memo: 📈 Learn How To Build Wealth With Investing: 📷 Instagram: @mitchinvesting #Inflation #InterestRates #BankofEngland *Disclaimer: Your capital is at risk....

As many countries across the globe battle sky-high inflation, Switzerland’s economy is seeing something far less dramatic. Inflation in Switzerland hit a 29-year high of 3.5% in 2022. While high by Swiss standards, that figure is well below the double-digit inflation of comparable economies including the United States (9.1%), United Kingdom (11.1%) and euro zone (10.6%). On top of that, economists say it’s easing. “It’s coming down a little bit,” Tobias Straumann, professor of modern and economic history at the University of Zurich, told CNBC. So, what is it about the Swiss economy that’s allowed it to largely sidestep inflation, and what can other countries learn from it? Watch the video to find out. #CNBC #Inflation #Switzerland #Economy ----- Subscribe: CNBC International TV: Facebook: Instagram: Twitter: ... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Inve...

For millions of Americans, the so-called golden years will actually be years of despair and uncertainty. And it’s very likely that you are one of those that will never be able to stop working and finally retire. But you’re not alone in this. Over 90 percent of working households in the U.S. do not meet retirement savings targets for their age and income. In fact, even the people that did absolutely everything right throughout their working years are still at risk of seeing their savings vanish as financial markets experience the worst downturn since the Great Recession, interest rates soar, and record inflation means the value of their money is steadily dropping. New data shows that the country’s unfolding retirement crisis just took a massive turn for the worse. Crippling stock market losses, cracks in the U.S. pension system, and the growing Social Security deficit are all combining to create increasingly harder conditions for workers to save for retirement and maintain th...

#retirement #retirementplanning #retirementincome 10 Countries to Retire on a Small Pension, Social Security, or With Very Little Money. Are you seriously thinking about retiring abroad but not sure where your perfect place may be? Retiring abroad is an exciting prospect that can involve some difficult decisions. For most, finding the right balance between quality of life, a country’s appeal, social security and cost of living is the best starting point for narrowing down options. If you’re thinking of retiring abroad, we are going to help you by providing you with a list of top 10 places where you can retire comfortably. 00:00 | Start 00:27 | Cuba 01:22 | Bulgaria 02:21 | Philippines 03:10 | Montenegro 04:01 | Paraguay 04:51 | Argentina 05:42 | Belize 06:41 | Greece 07:26 | Colombia 08:13 | Malaysia Make sure to subscribe for more inspiring travel destinations ➡️ ⬅️ retirement planning,best places to retire,cost of living,inflation,clima...

Australia has recorded its largest fall in productivity on record with concern rising wages could push prices up further, leading to a potential recession. Subscribe and 🔔: | Get more breaking news at 9News.com.au: FOLLOW 9News Australia ► Facebook: ► Twitter: ► Instagram: Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #9News #BreakingNews #NineNewsAustralia #9NewsAUS... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Recession fears have heightened in Australia as the country witnesses its largest productivity drop in history. The latest data released by the Australian Bureau of Statistics (ABS) has raised concerns about the state of the economy, which is reeling under the pressure of the ongoing COVID-19 pandemic. According to a report by...

Owning a home is getting more expensive as lenders begin putting up mortgage rates, spooked by stubbornly high inflation figures. (Subscribe: The Bank of England is under even more pressure to raise interest rates again in response, possibly as high as five-and-a-half per cent. ----------------------- Follow us: Facebook - Twitter - TikTok - Instagram - ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The UK economy has been one of the strongest in Europe over the last decade. However, recent economic indicators suggest that the country is preparing for a recession amid rising interest rates. Interest rates in the UK have remained at historic lows since the financial crisis in 2008. However, the Bank of England increased the base rate in August 2018 for the first time in a decade from 0.5% to 0.75%. This move was made to control infla...

Parliamentary budget officer Yves Giroux, The Globe and Mail’s Robert Fife and The Star’s Stephanie Levitz discuss the economy. Subscribe to CTV News to watch more videos: Connect with CTV News: For the latest news visit: For a full video offering visit the CTV News Network: CTV News on Facebook: CTV News on TikTok: CTV News on Twitter: CTV News on Instagram: CTV News on Reddit: --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The COVID-19 pandemic has had a profound impact on economies worldwide, and Canada is no exception. While the country seemed initially to weather the storm with limited impact, concerns are mounting as to whether Canada will see a recession in...

The Retirement Crisis and Its Impact on the Middle Class: Understanding the Challenges #retirement #pension pensions are phased out leaving you with a 401k that has a median avg of when people retire $56,000. we are playing the equity game instead of creating passive income that will last for a lifetime to pass down to the next generation.... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The Retirement Crisis and Its Impact on the Middle Class: Understanding the Challenges Retirement is supposed to be a time filled with relaxation, enjoyment, and financial security. However, for many Americans in the middle class, the retirement dream seems to be fading quickly. The retirement crisis is a complex issue that has been building for years, and it is now impacting millions of people who face an uncertain financial ...

Hi Everyone , Welcome Back To Another Video "The Right Way to Protect Yourself Against Inflation #shorts" Inflation is an economic reality that affects everyone, and it can have a significant impact on your financial wellbeing if you're not prepared. In this video, we'll be discussing the right way to protect yourself against inflation, with a focus on why saving too much cash may not be the best strategy. By the end of this video, you'll have a better understanding of the right way to protect yourself against inflation, and the risks of relying solely on saving cash. Whether you're a seasoned investor or just starting out, this video will provide valuable insights and practical tips to help you achieve your financial goals. People watching this video are searching for: • federal reserve and business news • financial news and inflation rate • cost of living and cost of living crisis • personal finance and consumer price index • raising interest r...

On today's episode of the Do More With Your Money Show, True Potential Chief Executive, Daniel Harrison is joined by a panel of investment experts to answer your questions on inflation, investing, ISAs, pensions, and much more. 0:00 Your questions answered 2:03 Are July's positive markets a sign of a corner being turned? 3:13 Is inflation finally coming down? 10:40 What is the reality of the UK economy growing? 12:13 Is there actually a "crisis" in the cost of living? 16:17 At what point in life do you need a financial adviser? 18:47 How often should I log in to the True Potential app? 21:21 How quickly do valuations update on the True Potential app? 23:21 Is it better to be in an ISA or Pension? 27:38 Will Truss or Sunak be best for the UK economy? 36:32 How can I consolidate my Pensions? 37:24 How long does an ISA transfer take? 38:22 How did China and Taiwan affect markets? 38:56 What are the panel's thoughts on ethical investing and ar...

Ric Bender of the "Ric Bender Report" Explores how certain states are buying Gold to protect the state's revenues from inflation and debasing dollar. ▶ Protect Your Retirement Savings - ▶ RESOURCES ▶ BIRCH GOLD GROUP The Precious Metals IRA Specialist PROTECT YOUR RETIREMENT SAVINGS Safeguard your IRA or 401(k) – with this little-known IRS "loophole" Click here to learn more - ▶ RIC BENDER SHOP Apparel + Drinkware ▶ E*TRADE A Better Way To Buy & Trade Stocks Click On The Link - ▶ EMPLOYEE RETENTION TAX CREDIT Your business may qualify for the ERC Tax Credit ERCHelpdesk Makes It Easy Click Here - ▶ GROUNDFLOOR Real Estate Investing For Everyone ▶ FORECLOSURE.COM Find Real Estate Opportunites First Get the best real estate deals first, with one simple search Click on the link to learn more - ▶ CONNECT WITH ME Twitter: Website: Rumble: Patreon - Contact Ric - ▶ GET MY WEEKLY "...

The average rent in Canada, accounting for all kinds of housing, has skyrocketed to over $2,000 per month. A Toronto-area woman tells About That what kind of problems she faced after her landlord tried to steeply increase her rent. »»» Subscribe to CBC News to watch more videos: Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: Find CBC News on Facebook: Follow CBC News on Twitter: For breaking news on Twitter: Follow CBC News on Instagram: Subscribe to CBC News on Snapchat: Download the CBC News app for iOS: Download the CBC News app for Android: »»»»»»»»»»»»»»»»»» For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winnin...

Inflation is hitting 40-year highs around the world, but how bad can it get? Two leading economists, David Woo and Özlem Onaran, debate the potential impact on the stock market. Our full analysis on inflation is here: Also you can check out more from David Woo on: And also the David Woo Unbound YouTube Channel: 0:00 - How bad can inflation get? 2:20 - Who is to blame for inflation 2022? 3:40 - Are sanctions on Russia to blame for inflation? 4:22 - Is the Russian invasion to blame for inflation? 5:00 - Will increasing interest rates fix inflation? 6:00 - Did stimulus cause inflation 2022? 7:50 - Is Covid-19 to blame for inflation? 9:42 - Did supply chain issues cause inflation? 12:00 - Will price-control help the cost of living crisis? 15:40. - Could investing in renewable energy fix rising oil prices? 16:30 Can investing in renewables reduce inflation? 19:13 - Has the war in Ukraine affected inflation? 20:00 - Have sanctions against Russian caused higher inflation? 22:2...