Earnings
December 17, 2017 - BRE
New! Brookfield Real Estate Services Inc. Q3-2017 Earnings Update .....
December 15, 2017 - RCI.B
New! Rogers Communications Inc. Q3-2017 Earnings and Price Target .....
December 14, 2017 - SJR.B
Shaw Communications Inc. 2017 Earnings & Price Target .....
December 13, 2017 - BCE
BCE - Q3-2017 Earnings, Price Target Update .....
December 12, 2017 - T
Telus Corp. Q3-2017 Earnings & Price Target Update .....
December 10, 2017 - KEG.UN
The Keg Royalties Income Fund - Q3-2017 Earnings .....
December 9, 2017 - MKP
MCAN Mortgage Corp. Q3-2017 Earnings & Price Target Update .....
December 7, 2017 - AI
Atrium Mortgage Investment Corp. Q3-2017 Earnings .....
Recommendation Changes
SJR.B, FN, KEY, MRT.UN, SRU.UN, more...

Weekly Price Change May 27-June 2, 2017

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Currencies and interest rates were more volatile last week. The US Dollar Index (DXY) weakened 1.7% and 10 year benchmark bond yields rose by about one fifth of a percent. These are large changes over a short period, and seem contradictory.

The Canadian dollar was joined by the Euro, Pound, Aussie, Yuan, Real and Rouble, all of which gained decently in value compared to the US dollar. Also, capital is temporarily leaving the bond market to chase higher returns in equities. Any strategy has built in limitations, for this one it takes only a small increase in yields for the capital to return to bonds.

The exit of capital from sectors used by yield-focused investors is what creates opportunity, since the higher yields if solid, greatly minimize downside risks and most importantly provides for higher income. The tug of war between yields and values is highly evident in the Canadian preferred shares sector where the variable rate preferreds made another move higher in response to the Bank of Canada potential 25 basis point rate increase.

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New Issues & Acquisition
December 15, 2017
New! Coverage Universe - Weekly Price Changes Dec 8-15, 2017
December 8, 2017
Coverage Universe- Weekly Price Changes Dec 1-8, 2017
December 6, 2017
AG Growth International - New Convertible Debenture
December 6, 2017
Kinder Morgan Canada Inc. 5.2% Rate Reset Preferred Share New Issue
December 5, 2017
Fiera Capital Corp. - New Convertible Debenture
December 4, 2017
Melcor REIT - New Convertible Debenture
December 4, 2017
Enbridge Rate Reset, Minimum Guarantee New Issue
December 1, 2017
Coverage Universe - Weekly Price Changes Nov 24-Dec 1, 2017