The You First Blog

Where is the Canada / U.S. Exchange Rate Going?

September 6, 2019
Client services, Economy, Frank's Update, You First Financial
Frank Manzo

We regularly get questions from clients about the CAD/USD exchange, and recently, the questions have become more frequent. We polled a host of fund companies for their thoughts on where the Loonie is headed. For reference, the CAD / USD traded at $1.3231 or $0.7558 USD / CAD, as of September 5, 2019. The consensus… Read More

Weekly Update – August 30, 2019

August 30, 2019
Client services, Frank's Update, Weekly Update, You First Financial
Frank Manzo

“Change is inevitable—except from a vending machine.” —Robert C Gallagher Improvements to Wealthview Secured Portal Beginning this fall, a major Wealthview update will take place that will build upon the original foundation in very helpful, user-friendly ways. Here are some of the highlights: Enhanced Family Linking: you will now be able to consolidate all family assets,… Read More

Weekly Update – August 23, 2019

August 23, 2019
Client services, Economy, Federal Reserve, Frank's Update, Free Trade Agreement, Inflation, Interest Rates, Investments, Tariffs, The Markets, Weekly Update, You First Financial
Frank Manzo

“I’m amazed how little politicians seem to have learned from history. Nobody is benefiting from a trade war” – Carlos Moedas Trump Tweetstorm – Following New Chinese Tariffs on Imported US Goods – Pushes Markets Lower to End Week Investors flocked to safe-haven assets on Friday following President Trump’s tweetstorm in response to the Chinese… Read More

Dow Jones Drops 800 Points; Yield Curve Temporarily Inverts

August 15, 2019
Anthony & Frank's Update, Client services, Economy, Federal Reserve, Interest Rates, Investments, The Markets, You First Financial
Anthony Sabti

The yield curve inverted, and the DOW dropped 800 points. Now what? Yesterday, the DOW dropped 800 points, the single largest drop of 2019. This was largely due to news that the yield curve had – briefly – inverted. It is important to note that yesterday’s yield curve inversion was only temporary, as the 10-year… Read More

Weekly Update – August 9, 2019

August 9, 2019
Client services, Economy, Frank's Update, Investments, Tariffs, The Markets, Weekly Update, You First Financial
Frank Manzo

“President Trump is taxing the USA masses with import tariffs” – Steven Magee U.S. / China Trade Tensions Update Though most of Canada took time to relax and celebrate the Civic long weekend, the U.S. and China missed the memo. Both sides have taken steps to escalate their ongoing trade dispute over the course of… Read More

Weekly Update – July 26, 2019

July 26, 2019
Brexit, Client services, Economy, Frank's Update, Free Trade Agreement, Investments, The Markets, Weekly Update, You First Financial
Frank Manzo

“Trade does not require force. Free trade consists simply in letting people buy and sell as they want to buy and sell. It is protection that requires force, for it consists in preventing people from doing what they want to do” – Henry George Boris Johnson Confirmed as New British Prime Minister In the wake… Read More