Compare the TSX 3 year chart to the stock index of another large
resource exporting nation ($AORD), and that's where its most likely
heading.
--
Australia has a major advantage over Canada being much
closer to China/Asia, quicker and easier to ship compared
to crossing the pacific.
So Brazil should be a big catch-up play in 2013, no? It is
lagging even the TSX. Any thoughts on EWZ here? Seems
like over the last couple of years, EWZ has been a pretty good
proxy for $SSEC?
Yes sbwoman - don't make assumptions on what one market may do
simply based upon another market around the world. Instead, adhere
to what that specific index chart is suggesting.
TSX
Why does the $TSX lag so badly?
Posted by rixx on 2nd of Jan 2013 at 10:53 am
Compare the TSX 3 year chart to the stock index of another large resource exporting nation ($AORD), and that's where its most likely heading.
--
Australia has a major advantage over Canada being much closer to China/Asia, quicker and easier to ship compared to crossing the pacific.
So Brazil should be a
Posted by kalinm on 2nd of Jan 2013 at 11:02 am
So Brazil should be a big catch-up play in 2013, no? It is lagging even the TSX. Any thoughts on EWZ here? Seems like over the last couple of years, EWZ has been a pretty good proxy for $SSEC?
FWIW someone sent me this
Posted by sbwoman on 2nd of Jan 2013 at 11:19 am
FWIW someone sent me this article on the BRICs. It's long and basically points out that nothing is a given.
http://www.foreignaffairs.com/articles/138219/ruchir-sharma/broken-brics?page=show
Yes sbwoman - don't make
Posted by steve on 2nd of Jan 2013 at 11:25 am
Yes sbwoman - don't make assumptions on what one market may do simply based upon another market around the world. Instead, adhere to what that specific index chart is suggesting.
Well stated RIXX
Posted by steve on 2nd of Jan 2013 at 10:56 am
Well stated RIXX