TSX Underperformance Might Be Reaching Break Point

January 12, 2018

As much as 2017 was a disappointment in terms of how poorly the TSX fared next to its New York peers, this year isn’t exactly starting off any different. In the first 9 trading days, the Dow and S&P500 are up 3.5%, versus the 0.5% rise in Toronto. The question for investors is whether this is again going to be a lacklustre year for Canadian stocks, or the year when things turn around? In other words, is there good relative value? Read More…

Should We Be Concerned About the Loonie?

January 5, 2018

In the second quarter of last year, the Canadian dollar looked poised for yet another journey to below 70 US cents, only to be snapped from the jaws of bears with belated rate hikes from the Bank of Canada. The subsequent jump to 82 cents took investors and manufacturers by surprise, only to be followed with a reprieve as the Loonie slipped back to 77 cents.  Now that we have ventured back to 80 cents, is nervousness about to return? Read More…