The You First Blog

Weekly Update – July 28, 2017

July 28, 2017
Weekly Update
Frank Mueller

“It’s easy to meet expenses – everywhere we go, there they are.” — Anonymous TSX Flat (Again) as Rising Oil Offset by Financials, Energy and Consumer-Discretionary The Toronto Stock Exchange’s S&P/TSX composite index closed at 15,128.65, a drop of 0.41% for the day. The Friday closing number is a small decrease compared to last week’s… Read More

Weekly Update – July 21, 2017

July 21, 2017
Weekly Update
Frank Mueller

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors” – Plato TSX Flat, Loonie Rise Continues The Toronto Stock Exchange’s S&P/TSX composite index closed at 15,180.93 on Friday, a small increase compared to last week’s finish of 15,174.81, although the TSX was down 83.71… Read More

“Buying at regular intervals eliminates the risk of over-investing at a stock market peak” – Quentin Lumsden TSX, Loonie Rise on Friday After Bank of Canada Rate Increase The Toronto Stock Exchange’s S&P/TSX composite index closed at 15,174.81 on Friday, a rise of 39.81 points (0.76%) over Thursday’s close, on the back of utility and… Read More

Yesterday, the Bank of Canada (BoC) met market expectations by raising the target overnight interest rate by 25 basis points to 0.75%. Although investors were broadly expecting an increase, it is notable as it marks the first rate hike in about seven years.   The BoC’s assessment is that growth in Canada has broadened across… Read More