Deja-Vu Eh? Canadian Stocks Plunge To 2-Year Lows

Canadian stocks are down 15% from their highs in 2008 (and down 18% from the 2014 highs) as the blowback from a collapsing energy market ripples across the entire "not unequivocally good" economy. However, perhaps more worrying is the 2008-esque dynamic playing out almost perfectly for America's northern neighbor...

Canadian stocks are at a 2-year closing low...

 

Deja vu, eh?

 

Charts: Bloomberg