January 9, 2016
This past year has been tough for Canadian investors. Thankfully, it hasn’t been as rough as some in recent memory (2008 comes to mind). But after several years of positive returns in the equity markets — at least on the TSX — it comes as a shock to the stock-market investor mindset to finish 2015 in the dumpers.
And by no means can we expect 2016 to be much more impressive. It has certainly started poorly with fears about China’s slowing economy knocking markets around the globe down this week.
Yet, the investment outlook for this year isn’t altogether bad, at least for Canada. That’s because much of the pain — the precipitous drop in oil prices — has already been felt.
At least that’s the hope for investors, says Craig Jerusalim, a Canadian equity portfolio manager with CIBC Asset Management.
Follow the link below to read more.
Source: Winnipeg Free Press