Anyone can see this stock market crash coming a mile away. The reason that there hasn't been any consumer price inflation that the central banks are craving is that all the inflation has been going into the financial markets. The dow jones is increasing at an annualized rate of 15% since the bottom of the 2008 recession. I can tell though that the toronto exchange is heading for a correction maybe before the US exchanges. The TSX 60 is in bear market by most technical analysis indicators. But the news makes no mention of it to keep the illusion intact.
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