How to Profit From a Tumbling Loonie

How to Profit From a Tumbling LoonieOver the past 12 months, the Canadian dollar has declined by 15% versus the U.S. dollar. And there are plenty of reasons why the loonie is likely to depreciate further. Let’s start with the Canadian economy, which contracted for the fourth month in a row in April. There’s now a real possibility that Canada is in the midst of a recession, and this could lead to further rate cuts by…

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Why Some Investors Can’t Say Goodbye to BlackBerry

Why Some Investors Can't Say Goodbye to BlackBerryKim Kardashian wasn’t the only one expressing her desire to keep BlackBerry Ltd. around for a long time this week. The company’s chief executive John Chen took to LinkedIn to let everyone know he’s in this for the “long haul” too. Such pronouncements should be of some comfort to BlackBerry investors, though the value of Ms. Kardashian’s endorsement is dubious at best, but they also know that the “long haul”…

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