The TSX index has seen some of the biggest gains and losses in the last few days and much of that volatility has been due to the changes in perception of future Gold Prices. The TSX index is of course heavily reliant on mineral prices and as such suffers much from the volatility in that market. The problem with Gold prices at this time is that they seem to have peaked. They are deeply reliant on economic downturns as a safe store of value for investors. They are also highly valued in some emerging markets. In our opinion this does not indicate a strong price support at the global level.
The question on everybody's mind has been the underperformance of Canadian stocks this year. Compared to the US stock markets, the Canadian investors are not seeing the same results.
Here are some of the reasons:
You may not know his name now, but you soon will. University of Rochester professor Robert Novy-Marx has developed a new formula, and it has caught the attention of Wall Street. The Wall...
Read more: Can this University Professor's New Formula Help You Beat the Street?
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