Superior Plus Corp T.SPB

Does a weak Loonie help SPB??

[Rocet98]

Opportunity from a weak loonie

One potential benefit for retirement investors from the Bank of Canada being the first major central bank to cut rates is the resulting downward pressure on the Canadian dollar compared with the U.S. dollar.

Investors who diversified to U.S. dollar denominated investments when the loonie was stronger could have the opportunity to convert the cash for more loonies.

 

Dale Jackson

Columnist, BNNBloomberg.ca

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Opportunity from a weak loonie

One potential benefit for retirement investors from the Bank of Canada being the first major central bank to cut rates is the resulting downward pressure on the Canadian dollar compared with the U.S. dollar.

Investors who diversified to U.S. dollar denominated investments when the loonie was stronger could have the opportunity to convert the cash for more loonies.

 

Dale Jackson

Columnist, BNNBloomberg.ca

Hopefully will help SPB Bottom Line???

[Apaulson]

Already priced in.......efficient market hypothesis 

[Apaulson]

If the Fed's message is dovish this week, I think this could rise going into earnings.  After that who knows.

[Rocet98]

I believe it stabilizes around $8!! Bolds very nice for fall/winter play??