The You First Blog

“Ultimately we know deeply that the other side of every fear is a freedom” – Marilyn Ferguson U.S. Fed, Bank of Canada Announce “Emergency” Rate Cuts of 50 Basis-Points It was an up-and-down, volatile week in North American markets on the heels of last week’s steep declines. Markets rallied on Monday on the prospect of… Read More

“I’d rather be pleasantly surprised than fatally disappointed” – Julia Glass Tempered Fed Cut Hike Speculation Leads Indexes Lower Major U.S. indices dipped to end the Friday trading session after a strong opening. The Wall Street Journal reported the coming Fed Cut would be 25 basis points; however, comments on Thursday by Fed officials inferred a… Read More

“I’m amazed how little politicians seem to have learned from history. Nobody is benefiting from a trade war” – Carlos Moedas China-U.S. Trade Negotiations Update In recent weeks, as we’ve written about, there has a been an overall increase in drama surrounding the ongoing trade dispute between China and the U.S. Here is a more… Read More

“Those who say it cannot be done, should not interrupt those doing it” – Chinese Proverb CMHC Updates Canada’s Housing Market Risk Levels The Canada Mortgage and Housing Corporation (CMHC) has lowered the country’s housing market from “highly vulnerable” to “moderately vulnerable” in a statement this week. The Crown Corporation reported on Thursday that an… Read More

“Success usually comes to those who are too busy to be looking for it” – Henry David Thoreau Bank of Canada Holds Key Rate Steady The Bank of Canada opted not to increase its key rate on Wednesday and cautioned “increased uncertainty” when discussing the timing of future rate increases. While future rate increases are… Read More

“Sunflowers end up facing the sun, but they go through a lot of dirt to find their way there” – J.R. Rim TSX Posts Small Weekly Gain The Toronto Stock Exchange’s S&P/TSX Composite Index closed unofficially down 70.03 points on Friday to finish the week at 15,633.33. This represents a small, yet positive, gain over last… Read More