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Carrick on money: Young folks still live in fear of financial crisis

DAVID KARP/DAVID KARP/AP

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Young and restless, but afraid of the stock market
New research from a global investment firm suggests young adults in the 20s and 30s have been permanently scarred by the 2008-09 financial crisis. It's ironic because young investors have decades until they retire and can certainly afford to take on risk.

Falling loonie lets retailers milk consumers
Neil Macdonald, senior Washington correspondent for CBC News, writes about how the declining value of our dollar is leading to higher prices for consumers. Already, Canada's travel industry is deploying a "currency surcharge" to cover itself from the falling dollar.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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