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The TSX today is rising higher and higher. And it’s quite interesting, considering over the last year, we’ve seen the S&P 500 rise to all-time highs only to shrink.
While the market is, of course, a fickle beast, it could come down to the TSX today simply offering more value. Combine that with the expectation of lower interest rates, falling inflation, and some strong economic growth, then Canada is looking like a good option!
Yet there is one area of the market that’s doing well, relatively speaking. And yet, it’s one I’m not touching with a 60-foot pole.
Energy
The energy sector, specifically oil and gas, has been doing quite well in recent months in terms of Canadian companies. This comes down to several factors. First off, there continue to be supply constraints. Since 2014, there has been a significant decrease in investment in new oil and gas exploration and production. This had led to a…
