4/29/2025
Markets
Indexes are cautiously climbing anticipating market tariff deals
Since the US raised levies on China to 145% in early April, cargo shipments have plummeted, perhaps by as much as 60%, according to one estimate
Companies will expect to see shortages of inventory and higher prices
UK and EU working on free trade agreement for May 19th summit to defy Trump
Canadian Election (4/28/2025)
Carney Liberals expected to form Minority Government
Elections Canada reports 68.29% of registered voters cast a ballot
Average American Age 25
Average Savings for people younger than 25 is $5,236, Median is $1,948
Average Credit Card Balance as of 2024 is $3,456
Average Student Loan Debt as of Q4 2024 is $14,559
Average Annual Tuition Public in-state is $11,011
Average Public out of State is $24,513
Average Private is $43,505
American Averages
Average starting Salary for College Graduates is $55,260 as of 2020
Average cost of a home in the US is $361,263
Average age of a homebuyer in the US is 56 as of Q4 2024, up from 49 just one year prior
Average of 3.9 active credit cards
Sources:
https://www.chime.com/blog/average-savings-by-age/
https://www.experian.com/blogs/ask-experian/retirement-savings-by-age/
https://www.experian.com/blogs/ask-experian/state-of-credit-cards/
https://www.investopedia.com/student-loan-debt-by-age-5200927
https://www.indeed.com/career-advice/pay-salary/average-salary-for-college-graduates
https://www.zillow.com/home-values/102001/united-states/
https://www.cbsnews.com/news/buying-a-house-first-time-homebuyer/
https://www.experian.com/blogs/ask-experian/average-number-of-credit-cards-a-person-has/
https://finance.yahoo.com/news/why-wall-street-is-wary-of-the-stock-market-rally-201631809.html
https://www.politico.eu/article/uk-eu-defy-trump-free-open-trade-declaration/
