Friday, February 13, 2009

Fareed Zakaria on Canadian Banks

Fareed Zakaria is known for his political commentary, but this article shows why I like the Canadian dollar (FXC). Canada's banks don't have the problems American banks are experiencing, making the country's currency attractive. Canada's currency may also rebound as demand for its natural resources increases, and in the meantime, investors can collect a 2.5% yield.

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