AGP Executive Report
Last update: 7 hours agoWealth & Markets: Natixis’ 2026 Global Retirement Index says North America’s retirement security is being squeezed by sticky inflation and rising public debt, with the U.S. and Canada ranking 24th and 21st as more people lean on financial professionals. Housing: S&P Case-Shiller data shows U.S. home prices rose 2.47% year over year in July, but still lag inflation—Chicago led gains while Seattle saw the steepest drop. UK Borrowing: The Bank of England reports unsecured lending to British households hit the fastest pace since 1993, even as mortgage approvals fell, a sign demand is holding up but affordability pressure remains. Scams & Consumer Finance: The FTC warns of a car-selling scam where “interested buyers” push sellers to pay for vehicle history reports on a link that may steal card details. Investing & Retirement Planning: A new retirement-income guide highlights the gap between building a portfolio and actually living off it. Energy & Big Money: Aliko Dangote says Africa should be largely self-sufficient in refined fuel by 2030 as he prepares to launch a $16B refinery on Kenya’s coast, though a Kenyan court has ordered construction on hold pending further hearings. Cards & Rewards: Aeroplan is rolling out permanent perks for cardholders, including a 15% discount on Air Canada redemptions starting Jan. 12, 2027, alongside fee increases. Tech & Risk: Palmer Luckey argues AI won’t make it easier to start or scale companies, stressing that automation can’t replace judgment.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.