After having a month to read many outlooks and reports about the upcoming year I have determined these are the trends I believe will continue for the remainder of 2017. 1. Economic Growth USA – I believe the US expansion is late in the cycle and will see an acceleration of growth. The USD will […]
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2017 Trends
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Buy the Loonie: Update
Back on Sept. 17 I suggested a contrarian trade was to be long Canadian dollars vs. the US dollar. I suggested it was an idea that seemed so wrong that it might work. I went further and discussed the idea in the Q4/2016 Newsletter. Over that period of time the Loonie has lost about 6% versus the dollar […]
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Oil Prices, Euro and Inventories
Confluence Investment Management This scatter-plot created by Confluence Investment Management shows where oil prices have traded with different inventory levels and Euro prices. One the big head winds for oil prices has been the US dollar. There has a been a slight bid in the Euro and I think it could be the contrarian trade […]
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