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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Tommaso who wrote (28570)	4/26/2005 8:19:13 PM
From: philv	Read Replies (1) of 116555

Don't get too bullish on the Canadian dollar. Huge political considerations are playing out right now. The government might fall any day now, and the Quebec Separatists will be the big winner, sweeping nearly all the Federal seats in Quebec. None of this is good for the loonie to say the least. The Liberal government in Canada is embroiled in a criminal investigation involving kickbacks amounting to millions of dollars. And, they are a minority government anyway, which means that they can be defeated at the whim of the opposition.

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