David Rosenberg: How The Loonie Is Doing The Heavy Lifting For Canada's Economy

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David Rosenberg: How The Loonie Is Doing The Heavy Lifting For Canada's Economy


There is a lot more to the third-quarter Canadian GDP report than meets the eye. The 2.8% annualized GDP pickup far exceeded the consensus view of 2.1% and compounded nicely off the 3.6% expansion in Q2. The Bank of Canada may need more evidence, but the economy is growing above potential, the jobless rate is in…

How the loonie is doing the heavy lifting for Canada’s economy

Southpoint Capital Returns 28.6% In 2020 Thanks To Recovery Bets Like Uber [Exclusive]

Southpoint CapitalLong/short equity fund Southpoint Capital returned 14.7% in the fourth quarter of 2020, and 28.6% for 2020 as a whole, that's according to a copy of the firm's annual letter to investors, which ValueWalk has been able to review. Q4 2020 hedge fund letters, conferences and more This return compared to a 12.1% gain in Read More


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