My opinion Cdn$/US$ bottomed out again at 70 cent area and will go back to 80-82 cents. We are at 74.5 now. Risk/reward remains better to be long Cdn$/US$ then not, but it's fairly neutral short term. We are definitely more stable then the US. There are cultural reasons for that, but that isn't necessarily good for investing.
You could spin that as we are more law abiding or more inept at catching criminals or Canadian judges are more lenient, we put a lot of criminals back on the street. Then there is the possibility that Canadian criminals are much smarter than those in the US. It's all in how the media spins it.
Bank robbers rob banks because that is where the money is. I trade in the US market because that is where the action is.
Until the action stops. I trade in both US and Canada. There have been HUGE opportunities in Cdn energy and mining since March. There were huge opportunities in Canadian banks in March. Most of the miners I invested are up at least 100% since I bought them this year. Basically I got super interested in Canadian stocks in March when prices went to February 2010 levels. Many different ways to make money but one of the few areas that has outperformed US IT since March is Canadian mining stocks.
Even most Americans aren't aware that a large number of the United States' prisons are run by private, for profit companies. Some of us believe that provides a perverse incentive against criminal justice reform and it's without question that it creates a lobby against anything that would reduce the number of people incarcerated. I don't believe Canada has such a system, but could be wrong?
The lobby against reducing incarcerated prisons comes nearly entirely from guards, their unions, at government run jails and prisons on the national and local levels. It is the usual propaganda by Sig. "Private prisons in the United States incarcerated 121,718 people in 2017, representing 8.2% of the total state and federal prison population."