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S&P/TSX hits six-month low while U.S. stock markets suffer through second selloff day

Canada’s main stock index hit a six-month low Thursday while U.S. stock markets suffered another selloff day as investors are pricing in political and trade uncertainties they’ve long overlooked.

The result is they have now woken up to issues that have existed for the last six to 12 months, says Kash Pashootan, CEO and chief investment officer at First Avenue Investment Counsel Inc.. WATCH: KCCU’s Dwayne Henne looks at the Stock Markets’ differences between The US and Canada. “The longer they shrug them off the more of a price we have to pay at some point,” he said in an interview. “When you’re trying to price in uncertainties that have existed for six, 12, 18 months over four or five trading sessions, of course you’re going to feel that in the markets.”


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte