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    TSX surges as bargain hunters move in

    Tue, 05/22/2012 - 11:40 EDT - theglobeandmail.com
    • NEWS
    • RDF10

    Traders catch up to solid advances in commodities and global markets

    • Original article
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    • Weekly Key Market Drivers: How the Federal Open Market Committee Rocked All Markets

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    • Markets in review (January 3–7, 2011)

      The past week’s performance of the major asset classes is summarized in the chart below – a set of numbers indicating a rather mixed-up picture, reflecting investor sentiment vacillating between “risk-on” and “risk-off” trades. Notwithstanding a weak, or should I say “fatigued”, close, the S&P 500 Index and corporate bonds ended the week higher. On the other side of the performance spectrum, the U.S. dollar gained handsomely, triggering selling pressure for gold and other precious metals, oil and other commodities.

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