Dow 40K - Wow

[stoveliker]

I think that (also) a large part of this bump is that a period of unrest between now and January (and possibly longer) had been calculated into the market already. That unrest is no longer going to happen, and its effect on the economy can now thus be removed from the market sentiment.

 

[ABMax24]

There will some profit taking soon I imagine. And by soon I mean in 8-10 weeks. Import tariffs will not help the markets I think.

Maybe, I guess looking from my perspective the US Stock market looks more attractive right now than the Canadian market.

 

[EbS-P]

Maybe, I guess looking from my perspective the US Stock market looks more attractive right now than the Canadian market.

When has that not been the case? I’m not being sarcastic I really never have thought of the Canadian market and could not tell you its name. Just asking to learn something.

 

[ABMax24]

When has that not been the case? I’m not being sarcastic I really never have thought of the Canadian market and could not tell you its name. Just asking to learn something.

Our market is the TSX (Toronto Stock Exchange).

While it's generally true that the US markets out perform, there have been times when the opposite it true. After the dot com bubble crash for instance, when major US indices like the DOW experienced "the lost decade" the TSX continued to grow, driven by energy stocks. Additionally the increasing strength of the CAD dollar during that time helped the TSX show higher returns.

Lots of our biggest companies are dual listed on the NYSE or NASDAQ as well though.