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It was a ‘Tale of Two Markets’ in October as stocks entered the month on a soft note and proceeded to fall precipitously over the following two weeks. At their lows on October 15th, the TSX Composite Index and the S&P500 were down 12.5% and 9.9%, respectively from their early September all-time highs, fixed firmly in correction territory. Just as quickly as the market fell, it began to recover over the final two weeks of the month with the S&P500 finishing with a gain of 2.3% to an all-time high. (more…)