October 30, 2024October 30, 2024

Canada Stock Market’s Sharp Rally Can Run Longer Than S&P 500’s

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The rally in Canadian stocks this year could run longer than the one going on in US equities, offering encouragement for American investors to look North, according to Toronto’s Rosenberg Research.

“US-based investors should strongly consider moving from New York to Toronto,” Rosenberg Research founder and president David Rosenberg wrote in a note to clients Tuesday, citing Canada’s favorable long-term stock market momentum outlook.

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