Canada's Stock Market Outperformance

[Taiga]

Ontario vs USA, who will win. What a mess.

[wheatking16]

Ontario vs USA, who will win. What a mess.

Always bet on yourself

[ajl]

For the slow learners present: the decline in the US stock market is not due to the tariffs, but due to the slowing world economy. The only reason that the market in canuckistan is not off more is because of the decline in the loon vs $USD. The US has not cut interest rates to prop itself up recently. In the long run it is irresponsible for the US to not have a tariff for two reasons: it is the most lucrative (the only) market in the whole world and on the export front it is always supplier of last resort. Thus importers always are willing to sell more in the US market while trying to buy less from it. Tariffs will not change that but they will raise revenue for the US while it is trying to balance a $2T deficit.

[wheatking16]

For the slow learners present: the decline in the US stock market is not due to the tariffs, but due to the slowing world economy. The only reason that the market in canuckistan is not off more is because of the decline in the loon vs $USD. The US has not cut interest rates to prop itself up recently. In the long run it is irresponsible for the US to not have a tariff for two reasons: it is the most lucrative (the only) market in the whole world and on the export front it is always supplier of last resort. Thus importers always are willing to sell more in the US market while trying to buy less from it. Tariffs will not change that but they will raise revenue for the US while it is trying to balance a $2T deficit.

It is not that simplistic.

From June 20, 2024, to today, CADUSD has dropped 5.64%, while the TSX has outperformed the S&P500 by 11.62%.

Twice the change in exchange rate.

[foragefarmer]

Always bet on yourself

Exactly, if I remember correctly you headed for the sidelines last year. Good move.

Cash is king right now in interest bearing funds, while holding tight from selling those dividend paying blue chips.

The current markets are sure showing forward thinking on Trumps action the past few weeks.

Trump supporters will go down with their leader even if their pocket book suffers

[checking]

Tax breaks in the $4 trillion range for Trump's billionaires and their companies. Fair to believe that when the top 1% owns more than 50% of the stock market that they have lost on paper investment perceived value of more than half their tax breaks in the last week.

Keep it up for another week, Donald, and your friends will have to ask for another tax break, or you will have accomplished nothing.

[errolanderson]

Spidey-sense: Someone must be blamed. Trump / Elon fallout straight ahead. Tesla photo op history?

[wheatking16]

Spidey-sense: Someone must be blamed. Trump / Elon fallout straight ahead. Tesla photo op history?

The Mooch thinks Elon will be gone by Labor Day. I can see a lot of other heads being lopped off if the market slide continues.

[errolanderson]

An economic train-wreck in the U.S. in-progress. New York Fed Manufacturing (business index) just released this morning . . . stunningly down 20% vs trade estimate of down 1.9% . . . . U.S. retail sales were also a miss . . . .

Consumers and the world definitely having-its-say . . . .

[wheatking16]

An economic train-wreck in the U.S. in-progress. New York Fed Manufacturing (business index) just released this morning . . . stunningly down 20% vs trade estimate of down 1.9% . . . . U.S. retail sales were also a miss . . . .

Consumers and the world definitely having-its-say . . . .

It appears to be happening.