The You First Blog

“Faith is taking the first step, even when you don’t see the whole staircase” – Martin Luther King, Jr. TSX Finishes Positive for Sixth Straight Day, Wall Street Winning Streak Snapped Don’t look now, but the S&P/TSX Composite is on a Six-Day winning streak and is up 1,100 points (over 8%) since its recent bottom… Read More

“Savings, remember, is the prerequisite of investment” ― Campbell McConnell Annual Tax-Free Savings Account Limit Increases to $6,000 for 2019 The annual TFSA increase rose from $5,500 in 2018 to $6,000 for 2019. You might be asking, “why the increase?”. The answer is that the annual dollar limit increase is tied to inflation and rounded to the… Read More

“Put the politicians on minimum wage and watch how fast things change” – Author Unknown Market Wrap-Up The major North American, European and Asian markets all finished down for the week, as market uncertainty continued. However, Friday saw the S&P 500 and Dow Jones Industrial posted gains to close out the week, while the NASDAQ… Read More

“Voting is as much an emotional act as it is an intellectual one” – Monica Crowley   North American Markets Down Friday, Up for the Week On Tuesday, Americans went to the polls and cast their ballots for the 2018 Mid-Term Elections. Analysts’ predictions of a Democratic House of Representatives and a Republican Senate held… Read More

“What is drama but life with the dull bits cut out” – Alfred Hitchcock Drama Is Constant The Attention Economy is, according to Wikipedia, “an approach to the management of information that treats human attention as a scarce commodity and applies economic theory to solve various information management problems. Put simply by Matthew Crawford, ‘Attention… Read More

On March 9, 2009, the Dow Jones, the S&P 500, and the NASDAQ all bottomed out in the aftermath of the “Great Recession”. Since that date, all three indices have experienced rapid recoveries and expansion. We’ve now experienced nearly 10 years of expansion with few speedbumps along the way. When listening to commentary by economists,… Read More