“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
The You First Blog
“Summertime is always the best of what might be” – Charles Bowden US Fed Holds Rate Steady, Hints at Future Cuts; S&P 500 Hits Record High Close The US Federal Reserve opted to hold its key rate steady on Wednesday but hinted that its patience is waning regarding a near-term adjustment. Stating that it would “act… Read More
“Winning isn’t getting ahead of others, it’s getting ahead of yourself” – Roger Staubach Major North American Markets Finish Positive The Toronto Stock Exchange posted a gain of 62.65 points (0.39%) on Friday to finish the week with a modest gain of 71 points. The industrials sector pushed the TSX upwards on Friday, as did financials…. Read More
“Poets are never unemployed, just unpaid” – Kathy Skaggs TSX Rises on Strong Jobs Report The Canadian economy added 27,700 jobs in May, per the Statistics Canada jobs report released this week. Stats Canada reported on Friday that the unemployment rate has fallen to 5.4%, down from 5.7% in April. Canadian unemployment is now the lowest… 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
“Try not to become a (wo)man of success. Rather become a (wo)man of value” – Albert Einstein Victoria Day Office Closure Please be advised that our office will be closed on Monday, May 20th to observe the Victoria Day stat holiday. We will resume normal office hours of 8am-5pm on Tuesday, May 21st. On behalf… Read More