Posted on 16/06/07
Time for a critical look at the S&P/TSX composite
The Canadian stock market is a diversification trap that has lulled investors into a false sense of security with its multiyear run of great returns.The S&P/TSX composite index is basically a commodities and financials play right now, and it's also losing some of its biggest, most established names to takeovers and buyouts. More than ever, investors need to look critically at the level and makeup of the Canadian content in their portfolios.
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