The TSX is on a remarkable winning streak. Now, the reality check is about to begin [Toronto Globe and Mail (Ontario, Canada)]
Franklin Resources, Inc. (BEN)
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Source: Toronto Globe and Mail
The TSX is on a remarkable winning streak. Now, the reality check is about to begin It’s almost as if the December correction didn’t happen. The late-year free fall in Canadian stock prices has been overshadowed by a rebound of even greater speed and magnitude. Since bottoming out on Christmas Eve, the S&P/TSX Composite Index has rallied by 11.1 per cent, lifting the Canadian market out of correction territory. Story continues below advertisement Fuelled by an easing of global recession concerns, progress on resolving trade disputes, reassurance from central bankers over rate policy and a rebalancing oil market, equities in Canada and around the world have stormed back in what has been the strongest start to a year in recent memory. The main Canadian stock index has now posted positive returns in 15 of the past 16 sessions dating back to late December. “It is kind of odd to have a correction and just bounce right back 1 per cent over such a short period of time,” said Christine Poole,
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Sec Filings
- 3/26/24 - Form 24F-2NT
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- 3/22/24 - Form 497
- BEN's page on the SEC website