Morning Briefing: Lowest earners see larger share of wealth and savings decline

WP Talk

Jan 20 2023 • 4 mins

Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:

  • Canadians’ net wealth and net savings positions have weakened as expenditure and debt outpaced income and assets.
  • US equity-index futures struggled for direction as traders remained concerned over hawkish central banks, worsening economic data and earnings hiccups in the world’s largest economy.
  • What’s the world’s most valuable brand in 2023?

  • Nominations are open for the 9th Wealth Professional Awards

These stories in full at wealthprofessional.ca and in our newsletters, plus: Why Harbourfront’s president is excited for 2023; Market pressures add to US active mutual fund woes; and Canadian oil firms eye growth fund to boost carbon capture.