Dennis Gartman: Canada Is Killing It, Here's Why

In this morning’s Gartman Letter, analyst Dennis Gartman expresses his true love for Canada in a way we’ve never seen before.

Perhaps its the afterglow of the Winter Olympics in Vancouver or the 5.0% growth in GDP during Q409; either way, there’s plenty of reason to be going ga-ga for Canada:

  • As stated, fourth quarter GDP of 2009 rose a reported 5.0%, crushing analysts expectations.
  • Unemployment is falling
  • Their hockey team ultimately kicked our asses.
  • The Canadian Dollar is holding strong amidst other currencies.
  • Non-farm payrolls are rising.

Sounds good to us, eh.

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