Bank of Canada’s Policies Make “Zero Sense”: Veronika Hirsch

Arrow Capital Management’s Veronika Hirsch says she blames Stephen Poloz, not Donald Trump, for Canadian Dollar weakness

Should investors sell in May and go away? Perhaps not if you hold U.S. stocks according to Veronika Hirsch, Portfolio Manager at Arrow Capital Management Inc. In this interview with SmallCapPower, Ms. Hirsch says Canadian cyclical stocks are not looking healthy and believes the Bank of Canada’s policies make “zero sense.” She also suggests buying defensive stocks, and has two top picks that investors may want to consider at this time, both of which are growing by acquisitions.

Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.

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