Richard Bernstein Deputy Chief Investment Officer Dan Suzuki sits down with Yahoo Finance's Catalysts to weigh in on the relationship between valuations and the market at the tail-end of earnings season, also commenting on what the Federal Reserve's June FOMC meeting could mean for growth trends.
Um but it does tell you where the risks are and you when you combine those risk with the fact that, you know, for the big cap tech companies, you know, their their earnings growth is actually decelerating. Uh I personally think people overemphasize uh you know, the importance of the Fed, especially where we are today.
Further weakness as Algonquin Power & Utilities drops 4.7% this week, taking three-year losses to 50% -- Prime Minister Justin Trudeau’s government will call for a vote this week on a planned hike in the capital-gains tax inclusion rate, a measure that would raise billions in additional government revenue and has attracted the ire of Canada’s business community.
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