Posted AT 6:00 AM EST on 13/05/08
TSX at record, but few are partying
Canada's benchmark stock index clawed its way back to a record yesterday, but you won't find a lot of high-fives on Bay Street.
“I wouldn't call it a party here. The journey has been long and hard,” said Ian Nakamoto, director of research at MacDougall MacDougall & MacTier. “The sectors that still have clouds overhanging them, such as the financials, are still way off their highs.
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