Dundee Capital: Long Insurance Cos & Short Banks

Financial Post, Jonathan Ratner, 18 March 2009Go long on Canadian insurance companies and short on banks. That’s the advice from Dundee Capital Markets stragetist Martin Roberge, who says this recommendation is mostly a valuation call.“With Canadian banks facing a technical roadblock, and lifecos deeply oversold and undervalued relative to banks, we believe the time has come to initiate a pair