Earnings
June 19, 2021 - CNQ
New! Canadian Natural Resources Ltd, Q1-2021 Earnings, Price Target Update .....
June 17, 2021 - BDT
Bird Construction Inc. Q1-2021 Earnings, Price Target Update .....
June 15, 2021 - ACO.X
Atco Ltd - Q1-2021 Earnings, Price Target .....
June 15, 2021 - TOU
Tourmaline Oil Corp. Q1-2021 Earnings, Price Target Update .....
June 13, 2021 - MRT.UN
Morguard REIT- Q1-2021 Earnings, Price Target Update .....
June 12, 2021 - FSZ
Fiera Capital Corp, Q1-2021 Earnings, Price Target Update .....
June 11, 2021 - DIR.UN
Dream Industrial REIT - Q1-2021 Earnings, Price Target Update .....
June 10, 2021 - D.UN
Dream Office REIT - Q1-2021 Earnings, Price Target Update .....
Recommendation Changes
NTR, CM, RY, BMO, TNT.UN, more...

Inflation Averaging Arrives - Earnings: RY, NA, BMO, CM, TD, BNS

This is only a sample of the article, please login to view the entire article

The US presidential election is just 63 days away, and after the 2016 upset, faith in the polls is low. Pre-election activities are above normal. The streets are alive with protests and gunfire, yet markets still rise under the political stresses. The thanks for this goes to the US central bank.

The US central bank is leading the way on the policy front. At the annual Jackson Hole symposium for central banks, US Fed Chief Jerome Powell unveiled the new policy on inflation. Central banks are shifting from a 4 decade old stance of trying to slow down inflation to speeding it up.

This is the most meaningful policy shift since the early 1970's when a major component of the Bretton Woods System effectively came to an end. Then President Richard Nixon announced the unilateral cancellation of the direct international convertibility of the US dollar to gold. Wage and price controls were in effect, inflation was out of control. The only way out was to cut the currency connection. The only similarity between then and now is everything is opposite. Commentary this week covers the new inflation averaging approach, referencing the preferred share segment for examples.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
June 19, 2021
New! Coverage Universe - Weekly Price Change: June 11-18, 2021
June 11, 2021
Coverage Universe - Weekly Price Change: June 4-11, 2021
June 4, 2021
Coverage Universe - Weekly Price Change: May 28 - June 4, 2021
May 28, 2021
Coverage Universe - Weekly Price Change: May 21-28, 2021
May 23, 2021
Economic Indicator Schedule - May 24-- May 28, 2021
May 21, 2021
Coverage Universe - Weekly Price Change: May 14-21, 2021
May 14, 2021
Coverage Universe - Weekly Price Change: May 7-14, 2021
May 10, 2021
North American Construction Group - 5.5% Convertible Debenture New Issue