Coverage Universe - Weekly Price Change May 24-31, 2019
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Hurdles Ahead - Preferreds Shares, Earnings: INE, AQN, EMA, BEP, SKT
The leading edge of the Q2-2019 earnings wave began to break last week, on average global markets were lower by 0.04%.
The lacklustre beginning for second quarter earnings could be an indicator of weaker markets ahead. The US central bank has indicated they are prepared to cut interest rates if they see something negative in the economic data. This would include weakening earnings. There are other reasons central banks are paying attention.
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