The 40 minute presentation Danielle gave at the MoneyShow in Vancouver last month is now available as a webinar on line.
Topic was: The US Dollar Carry Trade: Near-Term Risks for stocks and commodities
“The falling US dollar since March 2009 has made it a funding currency for aggressive risk-taking around the world. Canada has so far been a recipient of this “hot money”; but this trade can cut both ways.”
You need to login to the website with the password Moneyshow here. For quick access you can log in using username: danielle@venablepark.com and password: Moneyshow.
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Cory’s Chart Corner
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From what you mentioned in your presentation about the USD being on an uptrend and the CAD having high speculative longs, is this a good opportunity to hold some USD?