Question: What is up with the market in Canada? I’ve just watched it go up around 180 points in three days and the ASX only goes up 12points in three days. Canada is only 200 points off its all-time high and we are a thousand points off!
Answer (By Paul Rickard): Thanks for your observation about the Canadian market.
On a year to date basis to Thursday midday and measured in USD, the Canadian market is showing gains of 6.88%. Most markets are flat this year – in the USA, the Dow Jones is down 0.20%, NASDAQ is up 0.50% and the S&P 500 is up 1.87% - in the UK, the FTSE 100 is off 0.52%.