Niagara Mohawk Power Corporation PFD 3.60% Price & Performance (NMK-PB)

The latest agenda from a major investment committee highlights ongoing concerns about market volatility as central banks shift toward monetary easing. The committee is closely monitoring interest rate policies and global growth, reflecting cautious optimism but acknowledging risks from geopolitical tensions and fluctuating inflation expectations.12

Candriam Fund’s annual report shows a strategic tilt toward U.S. equities, especially technology and financial sectors, which outperformed in 2024. The fund anticipates a soft landing for global growth in 2025, with central banks expected to cut rates, but warns of possible headwinds from policy uncertainty and trade tensions.23

Shares of Niagara Mohawk Power Corporation’s 3.60% preferred stock have shown stability despite recent market fluctuations. Investors continue to favor these shares for their steady dividends, even as broader equity and bond markets react to rate expectations and sector rotation in the U.S. and Europe.45