ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on April 16, 2015. Click here to read the entire piece.) In the wake of the Bank of Canada’s latest announcement of monetary policy, the Canadian dollar (FXC) finally broke through an important line against the U.S. dollar. It is a line … Read more
Last year I made the case for investing in Canada in 2012 (see “Buying Canadian On Expectations For Stronger Growth“). I have only made one move since then (buying Encana Corporation (ECA) on weakness in natural gas prices) as I continue to wait for discount prices. I thought just such an opportunity had arrived in … Read more
This is an excerpt from an article I originally published on Seeking Alpha on November 27, 2011. Click here to read the entire piece.) The Conference Board of Canada anticipates stronger growth in Canada over the next two years. The sovereign debt crisis in Europe represents the most significant downside risk to this forecast: {snip} … Read more
Mark Carney, the governor of Canada’s central bank (Bank of Canada), must be one of the most relaxed central bankers in the Western world. In an interview posted on Paul Kedrosky’s website (minutes 9 to 35), Carney admits that his job is easy compared to the task still facing many of his contemporaries. For example, … Read more