RNKLF - Canadian E&P Companies: Spring Has Arrived
"The proper response lies in contrarian behavior: buy when they hate ‘em, and sell when they love ‘em." ï¼Howard Marks
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ï¼Arthur Schopenhauer
Doomed, or is it?
The Canadian stock market, if measured by iShares MSCI Canada ETF (EWC), has underperformed the S&P 500 Index (SPY) since the latter part of 2014 (Fig. 1). Much of this underperformance can be attributed to the oil crash because the Toronto Stock Exchange