What’s a bear market? And what’s the difference between that and a secular bear market? Here’s a mini-glossary of terms
With oil prices falling, and debt-laden consumers under pressure, investors in the TSX are at risk of another period of prolonged disappointment
The Canadian stock market took such a dive this morning it went–literally–through the bottom of a Google Graph of the S&P/TSX Composite, the Canuck benchmark index (see this screenshot we took at 10.14 AM). The drop was largely attributed to Standard and Poor’s downgrading of the US’s long-term creditworthiness from AAA to AA plus on Friday. The S&P/TSX Composite tumbled over 3 per cent in early morning trading before rebounding slightly.