Why BMO thinks the TSX will soon start to outperform. Plus, AI’s top ETF picks for your TFSA


Source: theglobeandmail.com theglobeandmail.com

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The Toronto stock market hasn’t been winning any popularity contests of late. Foreigners, in fact, sold the most Canadian equities on record last year based on net outflows, according to a BMO Capital Markets note this week. Meanwhile, domestic investors are often choosing to stay clear of the risks of the stock market and parking their investment dollars in cash, which is offering up some of the most attractive yields in decades. It’s hard to blame them: over the past 12 months, the resource-heavy and growth-light S&P/TSX Composite Index has returned a mere 5 per cent - not including dividends...