June 16th 2017: TSX negative YTD

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TSX in the red this year while most of the world’s markets surge

https://www.theglobeandmail.com/globe-investor/inside-the-market/canadian-stocks-an-odd-bit-of-red-in-a-sea-of-green/article35338881/

Everyone is paying attention to the Trump Rally in the USA, or the Canadian Banks, but take a look around, in 2017 so far, the TSX is flat/negative on the year.

And, if you take the 10 year view of the TSX, 15,193 at present, and 13,986 10 years ago (per the Globe&Mail’s charting software), results in only a 8.6% gain during those 10 years.  Excluding dividends, that’s less than 1% per year.  Far below inflation.  Really far below Pension standards (3.5% plus inflation).