Amid the seesawing of global stock markets, Canada stands out this year, and in a good way. The S&P/TSX composite index is up 4.5 per cent, leading the S&P 500, the Nasdaq composite index, the FTSE 100, Germany’s DAX index and Japan’s Nikkei 225.
The reason? Commodity producers have been solid performers, following several years of underperformance. Materials stocks, which include gold producers, have rallied more than 16 per cent in 2014. Energy stocks are no slouches either, rising more than 4 per cent.