Here is a little something for the Canadian dollar bulls.
“American investors have plowed more than $300-billion into Canadian portfolio securities – bonds, stocks and money market (about $60-billion through the first 10 months of 2012 too),” According to David Rosenberg. “In other words, in less than four years, U.S. residents have invested more in Canadian markets than they did in the prior 14 years combined.”
He is bullish on CAD and thinks it will rise for another two years.
