'Canada Will Outperform U.S. for Second Year'

The video discusses the potential economic impact of Trump's policies, highlighting possible GDP growth through infrastructure spending and tax reforms. It addresses market sentiment, noting short-term risks and a potential pullback. Projections for the S&P 500 and TSX suggest mid-single-digit returns, with oil prices possibly rising to $70 per barrel due to OPEC's actions. The Canadian market is expected to outperform the US, driven by higher oil prices and stronger energy earnings.

What factors are influencing the expected rise in oil prices according to the text?

What is the projected performance of the Canadian market compared to the US market this year?