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TSX Posts Biggest Gain in Five Weeks as Rate Hike Bets

October 9, 2026|2 min read

Ben Jang, Portfolio Manager and Head of Fixed Income at Nicola Wealth, was featured in a Reuters article on the S&P/TSX Composite Index posting its biggest daily gain in five weeks after weaker-than-expected September jobs data. He spoke to why bad news for the economy can be good news for valuations, and how the surprise job losses likely mean a pause in the Bank of Canada rate hikes markets had been pricing in.

Read more: TSX posts biggest gain in five weeks as rate hike bets recede | Reuters


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