The You First Blog

Weekly Update – October 4, 2019

October 4, 2019
 Client services, Economy, Federal Reserve, Frank's Update, Interest Rates, The Markets, Weekly Update, You First Financial
 Frank Manzo

“Unemployment is an integral part of the normal capitalist system” – Michael Kalecki U.S. Unemployment falls to 50-Year Low, Easing U.S. Recession Worries Market volatility on the heels of impeachment proceedings news pushed markets lower for the week. However, investors were buoyed by the U.S. unemployment report, which showed unemployment fell to a 50-Year low,… 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 – July 19, 2019

July 19, 2019
 Bank of Canada, Client services, Economy, Federal Reserve, Frank's Update, Inflation, Interest Rates, Investments, The Markets, Weekly Update, You First Financial
 Frank Manzo

“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

2019 Mid-Year Outlook

July 12, 2019
 Anthony & Frank's Update, Brexit, Client services, Economy, Federal Reserve, Financial Planning, Free Trade Agreement, Interest Rates, Investments, Mid-Year Outlook, The Markets, You First Financial
 Frank Manzo

“We really can’t forecast all that well, and yet we pretend that we can, but we really can’t” – Alan Greenspan 2019 Mid-Year Outlook During this time of year, most investment firms release a mid-year or 3rd quarter market outlook. As usual, some indicators are supportive of a rising market, while others are not. We’ve culled… Read More

Weekly Update – June 28, 2019

June 28, 2019
 Client services, Economy, Federal Reserve, Frank's Update, Free Trade Agreement, Interest Rates, Investments, The Markets, Weekly Update, You First Financial
 Frank Manzo

“A successful man is one who can lay a firm foundation with the bricks others have thrown at him” – David Brinkley Toronto Stock Exchange and Wall Street Finish June on the Upswing The S&P/TSX Composite rode gains in the discretionary sector to a 74.47-point gain on Friday, finishing June at 16,382.20. April GDP data showed… Read More