How much of a connection would you say there was between Canadian and American stock markets? If so - why. Any numbers/analysis to prove/disprove this connection would be appreciated.
The counterpoint to that is that generally the markets increase over time. If you're suggesting that the US is going to stay low (but later in the future it must go high again) then what you're doing is selling low and buying high. I think a case could be made with your assumptions that now's the time to get into the US (not that I'm suggesting that).I don't see the growth of its Intrinsic value within its economy as being as much as markets of say China, India, Canada, Australia.