The You First Blog

2012 Year-to-Date: Portfolios are Up!

September 25, 2012
Weekly Update
Anthony Sabti

You may not have noticed yet, but since your last statement date (June 30th for most people), markets have experienced quite the upswing.  Since August, markets have rallied on the rumor and subsequent confirmation of another round of stimulus by central banks around the world.  Last week, the U.S. Federal Reserve announced plans to buy… Read More

” Am I Not Destroying My Enemies When I Make Friends of Them ? ” -Abraham Lincoln  The TSX rose higher for a second session Friday as investors continued to react enthusiastically to an aggressive stimulus program from the U.S. Federal Reserve. The S&P/TSX composite index gained 139 points to 12,499 rising 1.88% this week. … Read More

S&P 500 Jumps to New Four-Year High

September 12, 2012
Weekly Update
Anthony Sabti

Markets experienced a good week as the S&P 500 hit the $1431 mark (closed at $1437 on Friday), its highest point in more than four-and-a-half years.  After seven years of underperformance, the US index outperformed the TSX by around 10% in 2011, and year to date is up 14.31% compared to 2.62% for the TSX…. Read More

On Friday, U.S. Federal Reserve chairman Ben Bernanke made no clear commitment to another round of economic stimulus, but did state that he is willing to deploy further stimulus if required.   He said the U.S. labour market was a grave concern and that previous Fed policy tools had been effective in boosting economic growth. The… Read More