US-Canada Equity Market Correlation
The correlation between U.S. and Canadian markets suggests that as U.S. stocks perform well, Canadian stocks will also benefit.
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"The U.S. stock market is rising Tuesday as it catches up with others around the world that climbed the day before, when President Donald Trump said negotiations were 'proceeding nicely' with Iran on ending their war."
"For Indian investors, global investing is not just about accessing global businesses. It is also about holding assets in stronger currencies. Over time, currency itself becomes a meaningful contributor to overall returns, often working in the background."
"US stock indices gained on Monday, after Canada rescinded a tax on American tech firms in a move to boost trade talk prospects with the US."
"Narrowing growth differentials should result in relative re-rating of the TSX vs. SPX."
"When, not if a trough in both the currency and net equity flows occurs that it will become a strong tailwind for Canadian stocks."
"By investing in SPY ETF, you get exposure to some of the best US stocks across eleven major industries."
"Buying and holding the two largest U.S. stock indexes could be an easy, cheap, and hands-off growth strategy."
"our call all along the last 10 years or so is as America goes so goes Canada."