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...

Preferred Share Strategies – Earnings: PEY, IPL, TRP, ENB, EEP

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Last week's 25 basis point notch up in the US Central Bank rate was not accompanied by similar increases in 10 and 30 year US benchmark bonds. The 10 year declined from 2.20% to 2.15%, the 30 year version to 2.78% from 2.86%. It was short term rates that moved higher, indicating the US central bank's enthusiasm for raising interest rates is not a long term situation.

The US central bank is out on a limb intending to curtail the risk that improving employment data will spill over into inflation rates. The reason for their focus on employment data is it's the only piece of data to date, that supports any need to raise interest rates. The biggest contributor to inflation over the past decades had been rising energy costs, this has changed more than anyone had anticipated.

Central bank interest rate strategy at this juncture is more about gaining a comfort zone allowing more room to drop rates should a crisis appear. The outlook for interest rates is exceptionally important to investment values, including those held for both yield and capital appreciation. Central banks are now quick to talk about raising rates after cutting them over the past four decades, and more recently to recover from the Global Financial Crisis.

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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