Wednesday, April 8, 2009

For GT Blog April 9, 2009

Hello fellow bloggers and stock market participants.

We all know there is a current recession but the Canadian dollar is suggesting a fast recovery because of its recent strength vs the US dollar

If we buy into the fast global recovery scenario - Canada and the CDN$ will be a major beneficiary

The TSX should out perform most global equity markets

See relative performance chart below and note the recent CDN dollar outperform vs the US dollar

The CDN dollar vs the US dollar

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