“The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch. The problem when you’re a money manager is that your fans keep yelling ‘Swing, you bum!’” – Warren Buffett Weekly Update – By The Numbers North America The TSX closed at 16,324, down… Read More
The You First Blog
“Paying good wages is not charity at all – it is the best kind of business” – Henry Ford Weekly Update – Ontario Minimum Wage Hike Update July jobs numbers showed Ontario payrolls jumping by 0.8 per cent, with provincial unemployment dropping to 5.4 per cent. This jobless rate is the second-lowest in the… Read More
“About the time we can make the ends meet, somebody moves the ends” – Herbert Hoover Anthony’s Financial Brief – 2018 Mid-Year Review Following a particularly volatile start to the year in the first quarter, many global equity markets delivered somewhat steadier returns in the second quarter. The MSCI World Index finished the period with… Read More
“Someone’s sitting in the shade today because someone planted a tree a long time ago” – Warren Buffett Bank of Canada Raises Overnight Rate to 1.50 Per Cent The Bank of Canada, as widely expected, hiked its benchmark interest rate on Wednesday. The rate now sits at 1.50 per cent. Two key growth engines –… Read More
“When you invest, you are buying a day that you don’t have to work” – Aya Laraya CSA Publishes New Mutual Fund Industry Proposals Canadian Securities Administrators (CSA) published a consultation paper of interest to investors of mutual funds. The paper contained three main proposals, all aimed at enhanced client protection. You can read our… Read More
“Never let facts get in the way of a good story” – Mark Twain Weekly Market Wrap-Up On Friday, US President Trump announced a 25 per cent tariff on strategically important Chinese imports, worth around $50 Billion, along with the threat of further tariffs should Beijing impose their own tariffs in kind. Chinese President Xi… Read More