ALERT: The Consumer is Officially Breaking

We're seeing a lot of red flags pointing to consumer stress in both Canada and the U.S. This shift highlights the importance of sound personal finance strategies to manage your money effectively. Understanding these economic indicators is crucial for making informed investment decisions. Thank you to Harvest ETFs for supporting this video. Learn more about the Harvest Tech Leaders Income ETF: https://harvestportfolios.com/etf/hta/ Chapters 0:00 - The New Reality: Crowdfunding for Rent 0:54 - Why Consumer Spending Rules the Economy 1:26 - Canada's Economic Reality & High Debt 2:43 - The US Squeeze: Real Income Declines 3:33 - The Signs of Household Financial Exhaustion 4:33 - Credit Delinquencies & Record Low Savings 5:15 - Rationing Gas: Real-World Signs of Strain 6:41 - The Middle Class Squeeze & Price Expectations 7:37 - Portfolio Strategy: Canadian Banks & Retailers 8:54 - What This Means for Central Bank Rate Cuts 9:28 - Key Takeaways for Investors ``` 🤗 Join over 500,000+ DIY Investors on the Blossom app (FREE) ➤ https://getblossom.onelink.me/SOfu/br... ----------- 📥 Subscribe to the Pulse Newsletter for Weekly Market News ➤ https://thepulse.beaviswealth.com/ Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandon Instagram ➤ https://bit.ly/3Oechgh LinkedIn ➤https://bit.ly/3RLndF7 Website ➤ https://www.beaviswealth.com ----------- Affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances. Business Inquiries: [email protected] ----------- Beavis Wealth Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.