Economist Praises Canadian Economy; Equity Strategists Bullish on Canadian Stocks While Warning of Potential Measles Comeback
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Tyler Cowen, a U.S. economist, argues that Canada's economy is better than many critics claim, with per-capita GDP rising since 2014 aside from the pandemic.
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Cowen notes Canada has egalitarian policies, seeks skilled immigrants, and loses some top earners to the U.S., making incomes bunch toward the middle.
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BMO strategist Brian Belski sees broadening U.S. market leadership benefiting Canadian equities.
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Wells Fargo's Christopher Harvey says quarterly rebalancing tends to make momentum stocks "for sale," presenting opportunities.
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The Atlantic article explores the return of measles outbreaks.