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Sunday 14 October 2018

The ‘Trudeau Effect’ Canada's stock markets get worse | Financial Post

It has been said that Canada's stock markets are worsening due to the so-called "Trudeau Effect" and likewise, during the period between July and September, the US market index stands out. EEUU outperformed the Canadian stock index by 28.8 percent annualized.

Similarly, it has been reported as the serious deficient performance of the Canadian securities market with respect to the US markets since the election of the liberal federal government led by the current prime minister, Justin Trudeau, and has in fact been called to their actions and what they have taken root as the "Trudeau Effect".

It is important to note that the differential performance of the market has become even more pronounced over time, especially during the last three months, likewise in the last two years, at the end of September 2018, the SPDR S & P 500 ETF Trust of State Street, which is designed to track the S & P 500, outperformed its Canadian equivalent, the iShares S & P TSX 60 Index ETF at about 11.5 percent on an annual basis. But during the period from July to September 2018, it has been observed that the US market index. UU outperforms the Canadian stock index by 28.8 percent annualized.

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