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Fortis Inc T.FTS

Alternate Symbol(s):  FTS | T.FTS.PR.F | FORFF | T.FTS.PR.G | FTRSF | T.FTS.PR.H | FRTSF | T.FTS.PR.J | T.FTS.PR.I | T.FTS.PR.K | T.FTS.PR.M | FTPSF

Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. Its regulated utility businesses include ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which includes Tucson Electric Power Company, UNS Electric, Inc. and UNS Gas, Inc., and CH Energy Group, Inc., which includes Central Hudson Gas & Electric Corporation. Its regulated utility businesses also include FortisBC Energy Inc.; FortisAlberta Inc.; FortisBC Inc., and Eastern Canadian and Caribbean utilities: Newfoundland Power Inc.; Maritime Electric Company, Limited; FortisOntario Inc.; FortisTCI Limited and Turks and Caicos Utilities Limited, and Belize Electricity Limited. ITC Holdings Corp. is the independent electricity transmission company.


TSX:FTS - Post by User

Comment by Dibah420on Feb 20, 2021 3:27pm
390 Views
Post# 32619438

RE:RE:RE:Possible cause of FTS stock decrease on Friday

RE:RE:RE:Possible cause of FTS stock decrease on FridayThank you RFguy. Yes I was able to see the graph.  No denying Tbills are on the uptrend.  But will the central banks go the same direction? Neither the Fed Chief nor the Gov. of BoCanada seem to hint so.  Everyone who buys food & fuel has been feeling the pinch of rising prices.  Does that mean inflation is on the way?  For some reason those two items are excluded from some inflation algorithms and for the life of me I can't figure out why.  And if inflation is on the uptrend why are gold and gold miners on the downtrend?  Shouldn't it be the other way? Why are higher interest rates bad for banks?  They pay me zilch in my trading account which they can now lend out at higher rates. I hear that people are pulling out of gold and are going into bitcoin.  Doesn't make sense to me especially when I hear Roubini.
Let's blame David Hume because all this "causality" business is now a crapshoot.
Cheers
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