Markets continue their slide into summer slump The market is mainly responding to the lack of a U.S QE3 and U.S factory orders are down. The U.S is still though on track with large retailers like Target and Macy’s have increased March sales. Optimism is starting to creep into the American mindset and consumerism. Canadian markets are slowly making their way to the summer snooze as more pull out of the markets reducing volatility thus neutralizing gains in stock prices. As the pullout continues as we head to “sell in May” overall stock prices shall continue to retreat.
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