According to insights from Rosenberg Research, Canadian stocks are expected to continue their notable rally this year, surpassing the current surge in U.S. equities.
David Rosenberg, the founder and president of the firm, has advised U.S.-based investors to consider reallocating their investments from New York to Toronto, citing the favorable long-term momentum of the Canadian stock market.
Rosenberg's analysis indicates that the Canadian market offers an attractive opportunity for American investors seeking growth. The positive outlook for Canadian equities may lead to a shift in investment strategies, as market conditions appear more favorable in Canada.