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People have no idea what’s coming when Trump takes office in the next few weeks. The TSX is primed for massive sell-offs, with single-day drops over 1000 points likely. This will rival the chaos of the early COVID crash. Trump’s 25% tariff threat on Canadian imports will devastate key industries like energy, manufacturing, and real estate, while rising bond yields and skyrocketing borrowing costs crush valuations in debt-heavy sectors. To make it worse, Trudeau stepping down has left Canada without strong leadership during one of the most critical economic threats in decades. Brace yourselves, this is going to be ugly.
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