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TSX Starts Off 2023 Strong But Canadian Economy Facing Steep Recession

Some sectors are performing better than others. In 2022, Consumer Discretionary was the second worst performing sector, in 2023 itu2019s the top performer. Technology and Communication Services sectors are also doing well. In Canada, the Basic Materials, Energy, and Financial Services sectors are performing well too.<br>

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TSX Starts Off 2023 Strong But Canadian Economy Facing Steep Recession

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  1. Learn to Trade’sStock Trading Courses Email:info@learn-to-trade.com Phone:[416] 510.5560

  2. TSX Starts off 2023 Strong Some sectors are performing better than others. In 2022, Consumer Discretionary was the second worst performing sector, in 2023 it’s the top performer. Technology and Communication Services sectors are also doing well. In Canada, the Basic Materials, Energy, and Financial Services sectors are performing well too.

  3. Will Interest RateHikes Lead to Recession ? According to the report, the Canadian economy will contract for three consecutive quarters, with the country reporting a 0.9% contraction in gross domestic product (GDP) growth in 2023. This forecast is a lot worse than the previous outlook provided by Deloitte Canada. In September 2022, it said Canada would slip into a short-lived recession with growth retreating in the first quarter of 2023 and entering into positive territory in the second quarter.

  4. Learn-to-Trade’s Stock TradingWorkshops Free Two-HourTrading Workshop Three-Day Trading Course Program Refer: https://learn-to-trade.com/free-two-hour-trading-workshop/ https://learn-to-trade.com/three-day-trading-course-program/

  5. AboutLearn-to-Trade Learn-to-Trade was established in 1999 locally by traders to educate, support, and mentor individuals who are looking to take control of their financial investment decisions. We have approximately 3,000 members and our instructors are also educators for the Toronto and Montreal Stock Exchange!

  6. Contact Learn-to-Trade Address:885 Don Mills Road, Suite 200 Toronto, Ontario M3C 1V9 Canada Phone:[416] 510.5560 Email:info@learn-to-trade.com Website:https://learn-to-trade.com/

  7. Thank You!!!!!

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