The You First Blog

Courtesy of Myles Zyblock, Chief Investment Strategist at Dynamic Funds, here is the October 2021 market update: Global Economy & Equities Economic surprise indicators suggest that the number of negative surprises for data releases has been outnumbering the ones with positive surprises. This is generally a sign that economic momentum is slowing – something that… Read More

Bank of Canada signals rate hike earlier than expected The Bank of Canada’s recent announcement was eventful. The BoC announced it was holding the overnight rate at 0.25%; however, BoC Governor Tiff Macklem also said “we will be considering raising interest rates sooner than we previously thought. Interest rates don’t need to be as low… Read More

On Tuesday, the TSX eclipsed the 21,000 mark for the first time before closing at 21,087.00. Toronto’s main index closed Friday at 21,216.15 after hitting its all-time intraday high of 21,265.76 earlier in the day. The TSX is now up 21.70% year-to-date and is one of the top-performing major domestic indexes thus far in 2021…. Read More

A raft of risk-related news temporarily halted the global economy’s post-pandemic march in September. Here’s a summary of the notable events during this past month that steered the markets: COVID-19 and market developments U.S., Canadian and global stocks dipped over concern about inflation, the U.S. debt ceiling, the Evergrande crisis in China, and speculation on… Read More

The next Canadian Federal election is Monday, September 20th. Recent polling data indicates a minority government is the most probable outcome, with a small chance of a majority government being formed. RBC GAM looked back at the last 13 federal elections to gauge their impact on financial markets. They found that markets typically look through… Read More