5 min listen
Unstable coins ? — Stablecoins take a hit. Seniors are reverse mortgaging. And SoftBank had a terrible year.
FromThe Peak Daily
Unstable coins ? — Stablecoins take a hit. Seniors are reverse mortgaging. And SoftBank had a terrible year.
FromThe Peak Daily
ratings:
Length:
12 minutes
Released:
May 13, 2022
Format:
Podcast episode
Description
In the midst of a week packed with inflation concerns, stock market pressures, and the breakdown of popular stablecoins, the volatility of cryptocurrency is on full display.
Canadian seniors are turning to reverse mortgages as they consider new ways to fund their retirement—one private lender, Equitable Bank, saw a 262% year-over-year surge in its reverse mortgage products last quarter.
This time last year it was all cherry blossoms and champagne showers for the globally-recognized Japanese investor SoftBank as the conglomerate saw its biggest net profit, ever. But what a difference a year can make! Yesterday SoftBank posted its worst quarterly loss ever of US$13.2 billion dollars—affirming that the tech stock slump is no joke.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Canadian seniors are turning to reverse mortgages as they consider new ways to fund their retirement—one private lender, Equitable Bank, saw a 262% year-over-year surge in its reverse mortgage products last quarter.
This time last year it was all cherry blossoms and champagne showers for the globally-recognized Japanese investor SoftBank as the conglomerate saw its biggest net profit, ever. But what a difference a year can make! Yesterday SoftBank posted its worst quarterly loss ever of US$13.2 billion dollars—affirming that the tech stock slump is no joke.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Released:
May 13, 2022
Format:
Podcast episode
Titles in the series (100)
Fintech is flying ? — Flinks gets bought by National Bank. A Chinese court bans 996. And electric car co. Rivian's looking to go public.: <p>National Bank is buying Montreal-based fintech startup Flinks. A Chinese court bans to controversial 996 overtime policy. And Amazon-backed Tesla rival Rivian is looking to go public.</p><p>The Peak Daily is produced by <a href="https://www.306mediaproductions.ca/">306 Media Productions</a>. Hosted by <a href="http://twitter.com/bchang">Brett Chang</a> and <a href="https://twitter.com/jaymrosenthal?s=21">Jay Rosenthal</a>.</p> by The Peak Daily