As a Canadian, I can tell you that our markets are generally very boring and slow. Consisting mostly of what traders hate to trade and stocks that are not appealing to talk about for those that normally trade the more exciting sectors like tech stocks and EV’s.
However, if you break down our economy into its major parts we are seeing strength from all sides. If you look at the strongest S&P 500 sectors YTD (See figure 2), you will see that they line up very well with the breakdown of the Canadian markets…