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Eden Empire

Intrynsyc Q221 Report: Sideways Capital

Coming off a prodigious first quarter, the TSXV traded down and then largely sideways throughout the second quarter. Given growth’s concurrent resurgence on the big boards, we were hoping for this risk-on sentiment to trickle upwards into small caps, but this never materialized. At the time of writing, the TSXV continues to channel trade in the 900’s following the ~200 dip in late February into early March.