Canadian Markets Set to Underperform on Political Uncertainty

December 2nd was an interesting trading day as markets around the world rebounded from one of the worst trading session on record. Markets around the world except for Canada. Our markets dropped along with our dollar.

Any economic stimulus package that the three party coalition may put forward could be completely offset by foreigners dumping Canadian securities as corporations find it difficult to raise money in public markets as institutional investors leave our market for greener pastures.

This angle has not been put forward by the media as Harper and Dion’s outrage during question period is more exciting to watch then discussing the ramifications of an unstable government.

What are your thoughts on this political uncertainty? Your comments are greatly appreciated.

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One Response

  1. […] the rest of this great post here By admin ::::: Permalink ::::: See Related Stories In: Financial Planning, Investments, […]

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