SYNOPSIS

Last week… The first full week of trading in 2020 provided some gains on a one-week basis… especially for Canadian stocks for a change.

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PTP… Changes in the benchmark APARs barely moved over the past week, but the PTP APAR retreated considerably, as strong trends in biopharma stocks started to top out. We perhaps held too many of them.

PTA Perspective… 2019 – Q4 (Year End) Review – Global Perspective
This week we bring you the “global” version of our year-end 2019 review. As usual there are many countries that have outperformed North American equities, in spite of strong results for Canada and the US last year.