Post by
stocknup on Sep 30, 2011 9:48am
Dow/TSX
When was the last time the TSX was lower than the DOW? For the last number of years we were usually 1k to 2k higher. The gap is down to 500 and falling daily.
Cdn markets are getting slaughtered. I are sure there is a whole generation that has been turned off by the corruption and manipulation of world markets. In the end, bankers will be the do'ers of their own demise.
Comment by
sunshine7 on Sep 30, 2011 10:44am
TSX largely a commodity based exchange and look to the USD for clues as to where commodity sentiment goes. Recent USD strength coming from EU and global growth uncertainty and may not last long. At some point it will turn around, but look for the US to continue to lower the ASD value to support exports and JOBS in the coming election year.