Coverage Universe - Weekly Price Changes Sept 14-21, 2018
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US Politics Boiling Over - Earnings: HSE, CJR.B, SJR.B, RCI, VNR, Preferred Shares
Reliable benchmarks during times of market distress help to keep a focused perspective. The lead up period to the US midterms elections and central banker's preference for raising interest rates have not been good for markets, as anticipated. Political happenings and rhetoric has intensified, even bringing deep personal grieve to those who are in no way deserving of this. There is still a week to go before the US election on November 6th, Canadian and US central banks also remain on course to further raise interest rates.
The upcoming US mid-terms have become a referendum on disparate political ideologies ranging from far right to left of centre. The election outcome could be very meaningful for financial markets both in the short and long term.
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