KeatsConnelly Cross-Border Weekly Best of the Web 2015-10-02

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

In this week’s articles, we first highlight positive news for the Canadian economy as it tries to bounce back from a recession, then move on to an article with less positive news about Canada’s economy specific to debt load. We finally finish with an article about the importance of beginning to save and invest for retirement at a young age.

Canada’s economy puts recession behind it with second straight month of growth (www.financialpost.com) – Well, so much for Canada’s recession. After pulling back for two straight quarters, the economy is showing new resilience — rebounding in subsequent months and providing hope of more growth for the rest of the year. “Growth looks like it’s going to be pretty solid in the third quarter,” said Benjamin Reitzes, senior economist at BMO Capital Markets…

Here’s how much private debt countries have racked up since the financial crisis (www.financialpost.com) – Citi Research’s latest global economic outlook is out, and it’s crammed full of interesting data and charts on the state of the world. One of those charts shows how much private debt countries have accumulated since 2008. Some countries have deleveraged — reduced their debt levels — though not very many. The UK comes out as the most serious debt reducer, according to Citi, cutting private-debt levels by over a fifth of gross domestic product. The US has also seen genuine reductions…

Why Young Investors Should Ignore the Market Jitters and Get in the Game (www.money.com) – Q: I’m 27 and have a few thousand dollars to invest in ETFs and mutual funds through a Roth IRA. But I worry that volatility and a potential Fed rate hike may cause me to take a hit right off the bat. — Nick, Durham, NC A: No investor relishes the idea of losing money, especially right out of the gate. But waiting for the all-clear sign before you finally invest is ultimately more risky than any amount of volatility…

Come back next week for more interesting news and articles. Enjoy your weekend!

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