SYNOPSIS

It is mystifying isn’t it, considering what’s going on globally! But stock markets seem to decide for themselves what they want to do and ignore the rest of the world. That frustrates financial headline writers and reporters of course, since they are obsessed with “explaining” every market gyration every day. They don’t know and should quit pretending that they do.

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PTP… Our PTP APAR had a nice almost 100 point move higher this past week. The S&P/TSX Composite Index APAR and the S&P APAR had gains of 15-20 points.

PTA Perspective… Year End 2020 – Global Performance
It’s Part 2 of our year-end summary of equity markets’ performance for 2020… the ex-North America stock markets. As usual we use global ETFs and ADRs as our proxies, instead of general market indexes.