Key Words: America’s winning because of the ‘Trudeau effect,’ says Canadian professor

By the end of September, the S&P 500 index SPX, -1.39% had trounced the Canadian equivalent by 11.5% on an annual basis over the prior two years. The gap is only widening. From July to the end of last month, the S&P has scorched the iShares S&P TSX 60 Index ETF XIU, -1.43% by 28.8% annualized.

Why so lopsided?

This answer from George Athanassakos, finance professor at the University of Western Ontario, would surely appeal to the MAGA set.

‘They favour taxing corporations and the rich, and adding regulatory impediments and red tape to corporate activity.

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