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Guest Post: So You Wanna Be A “Cool Kid?”
Via Kevin Muir of “The Macro Tourist” fame
Late last month I got bearish on the Canadian currency (Tough Day to be Canadian). It has been a modest winner, but given last week’s decimation in the commodity sector, along with crude oil’s collapse, I am surprised it hasn’t been a better trade. Even as the bad news out of the Canadian embattled sub-prime alternative home lender, Home Capital Group, has continued, the Loonie’s decline has refused to accelerate.
What has me worried i
