February 6, 2024

Tuesday’s action saw the S&P 500 up 0.2% and Toronto up 0.4%.

I see news today that several regional bank share prices in the U.S. have declined. At least one bank, New York Community Bank could be facing a run on deposits and its share price is apparently down 60% since January 1.

It’s always the case that something can come along to pull markets down. The trick is to be positioned in such a way that you don’t panic in those situations.


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