Pessimism

Anxiety, feelings of depression and loneliness among Canadians spikes to highest levels since spring 2020

Retrieved on: 
Tuesday, January 25, 2022 - 12:00pm

Similar spikes were found in reports of loneliness (24.1 percent now compared to 18.8 per cent last summer) and feelings of depression (22.3 percent now compared to 18.6 per cent last summer).

Key Points: 
  • Similar spikes were found in reports of loneliness (24.1 percent now compared to 18.8 per cent last summer) and feelings of depression (22.3 percent now compared to 18.6 per cent last summer).
  • Reports of moderate to severe anxiety, loneliness and feelings of depression increased significantly among women, but only slightly for men.
  • Consistent with previous surveys, Canadians between 18 and 39 years old reported the highest levels of moderate to severe anxiety, loneliness and feelings of depression of any age group (33.5 per cent for anxiety, 29.1 per cent for loneliness and 27.7 per cent for feelings of depression).
  • Also consistent with previous surveys, those over 60 had the lowest levels of anxiety, loneliness and feelings of depression of any age group (16.0 per cent for anxiety, 15.6 per cent for loneliness and 15.6 per cent for feelings of depression).

Democracy Think Tank, Section 1, Announces Release of Founder, Peter Biro's, "Conscience-Shocking" First Music Video of His Dramatic Rock Ballad, "Just History Now"

Retrieved on: 
Wednesday, January 12, 2022 - 4:30pm

Toronto, Ontario--(Newsfile Corp. - January 12, 2022) - Peter Biro, the founder of Section 1, a democracy think tank, has announced the release of a music video to accompany a powerful conscience-raising rock ballad, "Just History Now".

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - January 12, 2022) - Peter Biro, the founder of Section 1, a democracy think tank, has announced the release of a music video to accompany a powerful conscience-raising rock ballad, "Just History Now".
  • Biro hopes to attract the attention of politicians, educators, journalists and the civil society sectors to the song's urgent and compelling message for the world of today.
  • We seem condemned to both revisit and repeat our past atrocities, even as we atone and take stock of our own immortality.
  • Every high school should set aside 6 minutes and 22 seconds at its morning assembly for this."

15th Asian Financial Forum attracts 63,000+ views

Retrieved on: 
Wednesday, January 12, 2022 - 10:00am

As of 11 January, the AFF virtual platform had seen more than 63,000 views from 80 countries and regions.

Key Points: 
  • As of 11 January, the AFF virtual platform had seen more than 63,000 views from 80 countries and regions.
  • Jean-Claude Trichet, Former President, European Central Bank, offered his views on how the financial industry, regulators and policymakers should step up their concerted efforts in addressing key issues related to monetary stability in times of uncertainty.
  • Delivering his remarks on the second morning of AFF 2022, Paul Chan, Financial Secretary of the HKSAR, noted the tremendous opportunities for Hong Kong's financial market created by Mainland China's continued development.
  • PwC and the HKTDC jointly presented a pulse survey, "ESG Investing: Challenges and Opportunities for Hong Kong", during AFF 2022.

In First IBD/TIPP Poll of the New Year, Economic Optimism Takes a Dive

Retrieved on: 
Tuesday, January 11, 2022 - 3:00pm

The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, fell 7.6% in January.

Key Points: 
  • The IBD/TIPP Economic Optimism Index , a leading national poll on consumer confidence, fell 7.6% in January.
  • Its also worth noting that the Six-Month Economic Outlook fell by more than 11% over the course of a month.
  • Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, fell 7.6%.
  • The IBD/TIPP Economic Optimism Index is based on a survey of about 1,300 adults conducted using a network of online panels.

BIG LOTS PROVIDES LONG-TERM GROWTH AND MARGIN OUTLOOK AND Q4 BUSINESS UPDATE

Retrieved on: 
Monday, January 10, 2022 - 9:15pm

COLUMBUS, Ohio, Jan. 10, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today provided a long-range growth and margin outlook detailing a significant value-creation opportunity over the coming years.

Key Points: 
  • COLUMBUS, Ohio, Jan. 10, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today provided a long-range growth and margin outlook detailing a significant value-creation opportunity over the coming years.
  • We see a clear and long runway for growth ahead of us, coupled with the opportunity to drive returns through margin expansion and judicious capital allocation.
  • We will do all of this by accomplishing our mission to help our customer Live BIG and Save Lots!"
  • The company undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.

In the Era of the Boom of the Property Management Industry, Desun Services Adopts a Differentiated Approach

Retrieved on: 
Sunday, January 9, 2022 - 8:30am

For one thing, the property management services industry has a superior business model and possesses the attributes of asset-light operation; for another, the market size of the property management services industry is large enough.

Key Points: 
  • For one thing, the property management services industry has a superior business model and possesses the attributes of asset-light operation; for another, the market size of the property management services industry is large enough.
  • From a long-term perspective, with the growth of the property management services industry, Desun Services is promising to achieve sustained high growth with its existing competitive advantages.
  • In the era of the boom of the property management industry development, differentiation is underway
    From the current perspective, the property management services industry is still fast-growing on a massive scale.
  • Unlike the vast majority of property management service companies, Desun Services focuses mainly on the mid- to high-end property management services market.

COMPANY TO PARTICIPATE IN 2022 ICR CONFERENCE ON TUESDAY JANUARY 11TH

Retrieved on: 
Wednesday, January 5, 2022 - 9:15pm

COLUMBUS, Ohio, Jan. 5, 2022 /PRNewswire/ -- Big Lots announced today that the Company will participate in the 2022 ICR Conference, which will be a virtual event this year.

Key Points: 
  • COLUMBUS, Ohio, Jan. 5, 2022 /PRNewswire/ -- Big Lots announced today that the Company will participate in the 2022 ICR Conference, which will be a virtual event this year.
  • If you are unable to join the live webcast, an archive will be available at https://www.biglots.com/corporate/investors/ on January 11, and will remain available through midnight, January 21, 2022.
  • The company undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
  • You are advised, however, to consult any further disclosures the company makes on related subjects in public announcements and SEC filings.

Wolters Kluwer's Annual Indicator Survey Reveals Substantial Risk, Compliance Concerns for U.S. Lenders

Retrieved on: 
Tuesday, December 14, 2021 - 1:00pm

Regulatory compliance and risk concerns remain elevated in a number of key areas for U.S. banks and credit unions, according to the results of Wolters Kluwers 2021 Regulatory & Risk Management Indicator survey.

Key Points: 
  • Regulatory compliance and risk concerns remain elevated in a number of key areas for U.S. banks and credit unions, according to the results of Wolters Kluwers 2021 Regulatory & Risk Management Indicator survey.
  • This years survey, conducted by Wolters Kluwer Compliance Solutions , generated a Main Indicator Score of 128, a 25-point increase over the 2020 score.
  • Burniston and Elaine Duffus, Wolters Kluwer Compliance Solutions Senior Specialized Consultant, will share insights on this years Indicator survey findings in a webinar, Annual Survey Tees Up Compliance and Op Risk Priorities for 2022 , that will take place from 1-2 pm EST Tuesday, December 14, 2021.
  • GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.

Lenders Foresee Return to a More 'Normal' Housing Market in 2022

Retrieved on: 
Wednesday, December 15, 2021 - 1:30pm

Competition from other lenders and market trend changes were once again the top reasons cited for the profitability expectations.

Key Points: 
  • Competition from other lenders and market trend changes were once again the top reasons cited for the profitability expectations.
  • Additionally, across all loan types, more lenders this quarter reported reduced consumer demand over the previous three months for both purchase and refinance mortgages.
  • Looking ahead, again across all loan types, lenders on net expect purchase mortgage demand to remain largely stable, while refinance demand is expected to decrease substantially.
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

Rising Inflation Threatens Consumer's Recovery from Pandemic

Retrieved on: 
Wednesday, December 8, 2021 - 12:05pm

The key takeaway:Theshareof consumers feeling inflationary painhas been climbing since June 2021, andnowfour of every five consumerssay their primary worries are focused on rising costs due to inflation.

Key Points: 
  • The key takeaway:Theshareof consumers feeling inflationary painhas been climbing since June 2021, andnowfour of every five consumerssay their primary worries are focused on rising costs due to inflation.
  • The report also found that 37 percent of consumers who are not living paycheck-to-paycheck are pessimistic about the economy.
  • Almost one-third of consumers say their personal financial situations worsened because of the pandemic.
  • "Inflation worries are common during the best of times so it's no surprise that rising living costs are on everyone's mind as we head into 2022," said Anuj Nayar, Financial Health Officer at LendingClub.