‘Canada is not only a great place to live, it is also getting better’: U.S. economist

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‘Canada is not only a great place to live, it is also getting better’: U.S. economist
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Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

Monday about the increasing pessimism regarding Canada’s economic future, which generated a lot more website traffic than usual. Tyler Cowen, an economics professor at George Mason University, wrote what amounted to a rebuttal in his weekly Bloomberg column titled“A chorus of doomsayers is pointing out that by some measures, Canadian per-capita GDP is in decline.

“We have started to see the beginning of broadening out of performance away from the mega cap names.

Mr. Harvey’s observation that ‘momentum is for sale in the rebalance’ is the key one, and investors might want to look for companies with the strongest price momentum previously that are down in the past week.

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