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Monthly Archives: August 2015
Trends that matter
While Canada enjoyed a holiday Monday today, world markets continued to reel on the waves of excessive leverage deflating everywhere: China’s manufacturing dumped as new orders slumped back to the lows of 2011; commodities gave up quick rebound hopes, while … Continue reading
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Long-term portrait of the loonie and Canadian stock market
This chart of the Canadian dollar (CDW in red) and the Canadian stock market (TSX in blue) since 1997 captures the historically tight correlation between the country’s petro-currency and stock market. There was a brief disconnect in 2000, when the … Continue reading
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