Posted AT 1:56 PM EST on 02/04/08
TSX will outperform this year and next: Rubin
High oil prices will help Canada's benchmark equity index outperform the U.S. again this year and next, even as the U.S. economy slows and global stock markets struggle, says CIBC World Markets economist and strategist Jeff Rubin.
Since 2000, TSX returns have topped the S&P 500 by 7 per cent a year, a pattern he expects will continue for the balance of 2008 and 2009.
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