Is a market meltdown too soft a description of what has happened in Canada overnight? The TSX has collapsed down 840.46 points after being down over 900 points. Copper down to US$2.88. Anvil down 7.40% to C$4.13. If you think that’s bad First Quantum was smashed down 19.61% to C$33.70 after hitting a low of C$30. Equinox down 23.13 % to C$2.46.
The only people happy will be those holding short positions. Is 6:30am too early for a drink?
Thankyou America.
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