“In the old legend the wise men finally boiled down the history of mortal affairs into a single phrase: ‘This too will pass’” – Benjamin Graham The Stock Market Pulls Back This week, markets pulled back in a noticeable way. The S&P/TSX Composite Index finished down 3.3%; the S&P 500 was down 3.9%; the… Read More
The You First Blog
The S&P 500 has been rising for almost 10 years, and on August 22nd, it officially became the longest U.S. bull market in history, reaching 3,453 days from its humble beginnings on March 9, 2009. Where do we go from here? How much longer will this last? Will there be a downturn soon? These are… 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
“I choose a lazy person to do a hard job, because the lazy person will find an easy way to do it” – Bill Gates Weekly Update – By The Numbers North America The TSX closed at 16,224, up 210 points or 1.31% over the past week. YTD the TSX is up 0.09%. The DOW… Read More
“Investing should be like watching paint dry or watching grass grow. If you want excitement…go to Las Vegas” – Paul Samuelson North America The TSX closed at 16,255, down -101 points or -0.62% over the past week. YTD the TSX is up 0.28%. The DOW closed at 25,967, up 177 points or 0.69% over the… Read More
“Money may not buy happiness, but I’d rather cry in a Jaguar than on the bus” – Francoise Sagan Weekly Update – By The Numbers North America The TSX closed at 16,356, up 32 points or 0.20% over the past week. YTD the TSX is up 0.91%. The DOW closed at 25,790, up 121… Read More