Pimco’s Bill Gross, leery of the wobbly American fundamentals, told Bloomberg recently the company is looking for new investments, mentioning Canada, Germany and others. The Canadian banking system is solid, there have been no bailouts, and the Canadian dollar has been growing strong against the American in recent years. But uh-oh. Something happened in early summer. What happened? The Vancouver Canucks lost in the Stanley Cup final to the Boston Bruins.
Full story: Did the Stanley Cup loss reverse Canada’s fortunes? – The Hill’s Pundits Blog.