Thursday 5 May 2011

TSX tanks after Conservatives win a Majority

I just thought it would be interesting to note that the Toronto Stock Exchange has been down all week.  And continues to slide even after a Conservative majority victory in the House of Commons.  I notice that no one in the main stream media is blaming Prime Minister Harper for this slide but I can't help but wonder if they would be blaming a Prime Minister Jack Layton if the NDP had won the election.  The press were correlating the drop in the TSX with the rise in popularity of the NDP prior to election day.

It looks that Stephen Harper does not have a magic wand that protects us from the Global Economy after all.

I'm just saying...

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