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Strategies & Market Trends : Natural Resource Stocks

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To: Jim Willie CB who wrote (5678)12/30/2003 12:44:04 PM
From: Cogito Ergo Sum   of 108551
 
amazing how clowns still maintain US$ decline is good for US corporations and our economy

There seems to be a subtle propaganda war brewing here on the merits/negatives of a strong loonie..
Another in the plus camp is the NHL.. Toronto Maple Leafs are enjoying windfall profits this year from the strong loonie , the payroll is up in USD terms which players are paid in (more hiring flexibility) but the payroll is down in real dollars (loonies LOL), marginal Canadian teams like the Edmonton Oilers are actually turning a profit... Chalk that up with the recent 'It's good for our standard of living' talk ... Gotta be good for our other sports teams too...
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