handle cold stocks in economy

The world’s fastest-growing developed economy has the worst-performing stock market, creating buying opportunities especially for investors in Canada’s financial sector.

The S&P/TSX Composite Index is down 2.2 per cent from April to June, set for its first quarterly drop since 2015 and the steepest decline among 24 advanced markets tracked by Bloomberg. Year-to-date, its 0.5 per cent dip compares with returns of 8.1 per cent for the S&P 500, 8.1 per cent for Germany’s DAX and 18 per cent for Hong Kong’s Hang Seng.  Read More…

7 Comments

  1. Precisely. History shows this is a very good sign of things to come very shortly. I just bumped up my portfolio #s.

  2. I think people are just nervous because the barrel has been taking a big hit. And as such you see other sectors not performing well either. It’s just a temporary slump. Nothing more.

  3. So can we all assume the real estate boom for Canada is over?

  4. Opportunities? At 25 i still don’t know what is best to buy.

  5. Because we are so tied heavily into oil its not a surprise that our economy rides the highs and lows with it.

  6. Banks still aren’t offering attractive interest rates for savings accounts. Although some stocks are doing poorly its still the best option. Especially with undervalued stocks so common right now in TSX.

  7. Interesting that the article goes on to say bank stocks are likely to see one of the bigger rebounds. Hmmm…not my first pick since they seem so overvalued right now and already offering very high dividend payouts.

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