The TSX has been a notable laggard in 2017

September 5, 2017


The¬†recovery in global confidence and global growth that began in mid-2016, should have had¬†a positive feedback loop for commodity demand and long-term interest rates (through higher yields). These two pillars are essential to TSX performance as approximately 75% of the TSX is exposed to cyclical forces. Let’s see what holds for the next 12 months. Will the TSX play catch-up?