The U.S. stock market has outperformed the Canadian for years, largely on the strength of the innovative technology sector, which is largely responsible for market growth over the previous three years. That has changed since January, when the Canadian market started to strongly outperform the U.S. in response to rising inflation and interest rates…..
Best,
National Bank Financial
Rob Hunter
Senior Wealth Advisor
Behavioural Economics.
One reason why this sell-off may seem bothersome:
If you started investing (or accumulated most of your wealth) after 2009 you have never experienced 5 down weeks in a row: a semi-regular experience of the past. We tend to place too much emphasis on experiences that are freshest in our memory rather than on historical reality….
Best,
National Bank Financial
Rob Hunter
Senior Wealth Advisor
