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  • S&P/TSX

    21,871.96
    +64.59 (+0.30%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CAD/USD

    0.7301
    -0.0000 (-0.01%)
     
  • CRUDE OIL

    81.01
    -0.89 (-1.09%)
     
  • Bitcoin CAD

    90,520.89
    -113.69 (-0.13%)
     
  • CMC Crypto 200

    1,419.27
    +4.51 (+0.32%)
     
  • GOLD FUTURES

    2,324.80
    -21.60 (-0.92%)
     
  • RUSSELL 2000

    1,967.47
    +19.82 (+1.02%)
     
  • 10-Yr Bond

    4.6440
    +0.0210 (+0.45%)
     
  • NASDAQ futures

    17,421.25
    +71.25 (+0.41%)
     
  • VOLATILITY

    16.53
    -0.41 (-2.42%)
     
  • FTSE

    8,033.93
    +10.06 (+0.13%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6842
    -0.0008 (-0.12%)
     

Forget 1987: This is the market's relevant precedent

This year has more closely resembled 2011 – a mostly sideways crawl as stocks digested prior years’ gains, until global credit and growth anxiety smothered fragile risk appetites that summer.