Northern exposure: Canada's upward trend could be a positive fillip for US equities investors
Deep Dive into US equities
Dean Orrico of the Middlefield Canadian Income trust
North American equities have performed well this year, lifting the S&P 500 and the TSX Composite indices to new all-time highs in March. Stocks have been supported by positive Q4 earnings results which outpaced expectations by an average of 17% in the US and 8% in Canada.
In addition, disruptions caused by the pandemic are gradually subsiding with at least one dose of vaccinations administered to more than 25% of Americans and over 10% of Canadians. As a result, normal...
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