DM Monthly Report

What about Valuations? – The plunge in stocks at the beginning of the year gave pessimists just what they were looking for: initial confirmation that markets are dangerously overpriced and in need of a big reset to bring prices back in line with earnings.  Since that time, however, the S&P 500 and TSX have recovered lost ground and by the end of March, both were already positive for the year.

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