iShares MSCI Canada Index (ETF)
The consensus has turned against the the Great White North as the number of hedge funds betting against the country continues to grow. But the trade is getting crowded and recent economic data should cause the bears to reconsider their thesis.
The great white short
The bear thesis against Canada is pretty simple.
- Slowing growth in emerging markets will put a drag on commodity prices
- The over-indebted Canadian more »
Three countries are great natural resource plays: Canada, Australia, and Argentina. These three nations have many things in common: small populations relative to ample territory, huge mineral and hydrocarbon reserves, and very efficient agricultural industries, particularly Australia and Argentina. While Canada and Australia have achieved very high economic and social development, Argentina has under-performed the rest of the world since the 1970s. That said, several new global developments -- such as more »
Canada has been struggling. The nation's stock market performance, as measured by the iShares MSCI Canada Index (NYSEMKT: EWC), has trailed the S&P 500 by 30% over the past two years due to sagging commodity prices.
Canadian oil isn't reaching the highest bidder more »
With the stock market at record highs, should you be loading up—or should you lock in gains?
And like most good questions, there’s not a simple answer. On one hand, S&P 500 companies grew earnings 6% in the most recent quarter. On the other hand, GDP only rose a scant 0.01%, and much of the corporate earnings “growth” was from cost cutting—not top line revenue more »
Europe continues to chug along as their problems continue to grow. Although France receives less attention than Spain, their challenges are not disappearing. As the weaker European nations continue to drag down the continent, Germany and France will only be forced to bear more of the costs. The U.S. has many problems, but U.S. GDP growth has been relatively strong and stable. Investors need returns and stability. Continued more »
Diversifying a portfolio while maintaining returns is never a simple feat. By looking at the debt levels and underlying growth rates it becomes clear that some nations are better positioned for growth. Over the past couple years the low real GDP growth in the United Kingdom and higher growth in the United States and Canada has highlighted the need for targeted diversification. International broad market ETFs help to more »