Why We Are Bullish On EWC: iShares MSCI Canada ETF
- Canada's economic growth continues to be the most obvious positive story.
- An improving labor market, buoyant consumer sentiment, and a modest policy stimulus suggest that the Canadian economy will continue to expand at healthy rates.
- Canada also benefits from the increase in energy prices as emerging market countries stepped up their consumption of commodities with the help of their appreciating currencies.
- In this environment we would expect the bull market in iShares MSCI Canada ETF (EWC) to continue.