Written by Joey Frenette at The Motley Fool Canada
The TSX Index is in a better spot going into September, but don’t let your guard down just yet! Even as tech stocks (think the ones innovating the most on generative AI) lead the way, I’d argue that it makes more sense to go with the value trade to finish off a year that’s sure to be a stomach churner. The U.S. election is up ahead, and it’s looking like it could go either way. Indeed, whenever the outcome is uncertain, you can expect extreme choppiness in the market waters.
Though I don’t think it’s anything to be concerned about (trading the outcome of an election is typically a bad idea), investors should insist on getting more per invested dollar. With investing legend Bill Ackman recently picking up some shares of Canadian companies, I’d argue that it’s the TSX Index and its value focus that could stand tall for the rest of the year and the…
