My Comments re Don Coxe FWIW
I think he is setting himself up for disaster, its like he thinks in a vacuum. So US economy tanks along with dollar and somehow CAD does well. Wake up, largest trading partner, economically entwined to the nuts, manufacturing etc would be devastated and he sees the CAD being strong? What, are commodities going to miracoulously alleviate unemployment and economic contraction? A smuck IMO.
And his reason for recent CAD weakness is 'its a small currency and end of year adjustments, yeah OK.
IMO if it is a hard landing the opposite is true and CAD will be hurt much more than say the euro, and a hard landing seems to be his premise.
