What do Rising Interest Rates Mean?

Interest rates are on the rise in both Canada and the U.S., what does this mean for consumers and investors? Find out with today's episode!

[Han-rgzt]

Probably the only youtube channel that goes the extra miles in explaining in DETAIL of WHY

[studybuddy]

Honestly your channel makes understanding these concepts simple and easy. Also it's wonderful that you actually engage with your audience! I live in the US but somehow a Canadian has taught me more than most American teachers.

[danlightened]

Business news could keep talking about certain things for days and months without ever delving why they are done. But you've helped us understand the most complex concepts with the best possible explanation. Keep up the great work!

[bellamarley]

Better teacher than the ones I've paid to learn from. Goes to show the best things in life are free.

[InvestingBookSummaries]

Your channel continues to be fantastic.

[holifahh]

clear explanation with concrete example i can’t believe this 7 mins video could make me understand this complex issue, thank u so much!

[jpdavidson]

Would love an updated version of this video given the low interest rates and its impact on house prices (especially in Canada)

[mohammadkamrul]

the only channel i found where this topic was explained so well and with easy words so that a new guy can understand well and clear

[hudsoncaceres]

Watched three videos on this and you were the only one to explain it well, thanks.

[saada]

A really fantastic job in explaining this topic crystal clear. Appreciate the time and effort put into this. Thanks!!

[chrisloder]

Amazing video explained it perfectly thank you 👏😁 I understood it in the first few minutes compared to not understanding from whole other videos!

[iirekm]

There's another, very serious, negative, even pathological consequence of low interest rates (at least here in Europe): low interest rates => no profit from bank deposits => people seek alternate investments => some go to stock market or gold, but many buy apartments and list them on BookingCom or AirBnb => apartment prices go up (even during corona times) => average-income people can't get a mortgage credit + AirBnb short-time inhabitants are noisy to neighbors (regular apartments aren't as noise-proof as hotels and aren't fitted to serve to noisy short-time, mostly-tourist inhabitants)!
So low interest rates can have even serious I would call them - "social" consequences.

[torontoBluejays]

Why didn’t they reach us all this stuff in school!? 😭

Thank you for this channel!

[lazaroortiz]

I like your demonstration. It’s very concise and smooth and easy to understand even for non-native English speakers. Good job..you’ve a unique style of delivering speech (information) I’ve subscribed your channel.

[mathewcrook]

Great video explained about 4 hours of readings in 10 minutes good job!!

[saintzk]

One of the best videos on any topic on YouTube

[cozyvibezzz]

Only finance I can watch on youtube!!! Richard points out a good channels but aren't many compared to him!!

[VT]

This really held my... "interest"
Chuckle, chuckle snort*
Goin back to my cubicle.

[vinodkadlaskar]

I am indebted to you forever. You helped me with understand the fundamental concept with such simplicity.

[CommandoMaster]

Higher interest rate means more expensive mortgage payments (variable). Stock prices will go down as companies make less money. Savings rate in bank will rise.