The S&P/TSX 60 gained 15.5% YTD[i] and many companies included in the index have benefitted from business prospects in the U.S. While nearly all stocks in the index are domiciled in Canada, 49%[ii] of combined revenues come from within Canada’s borders, while another 30% are sourced in the U.S. As shown in Exhibit 1, stocks…
In January 2015, the total return of the S&P 500 Index was -3.0%. We published this number last Friday evening, after January trading ended, and of course it’s been widely reported since then. It may therefore surprise you to learn that some investors in the S&P 500 reaped a total return of +4.0% in January….