Brookfield Renewable has consistently increased its dividend payout by at least 5% annually for 13 years, yielding around 5%. The company's capital recycling strategy involves acquiring undervalued assets, operating and enhancing them, and selling them to invest in higher-returning projects. Brookfield plans to sell Saeta Yield for $1.8 bn and use the proceeds to fund its acquisition of Neoen.
Open FlipFed officials and economists are concerned that the labor market is losing steam, with job openings declining and employees quitting less frequently. This could lead to higher unemployment and slower economic growth, putting pressure on the Fed to adjust its monetary policy. With inflation still above the 2% target, a softening labor market could have significant implications for the economy.
Open FlipIn Q2, BRETT, TON, and KAS tokens outperformed the broader crypto market, which saw a 13.8% decline in total capitalization to $2.2 trn. BRETT more than doubled to 15 cents, while TON rose 42% to $7.65 and KAS surged over 35%. Meme coins, like BRETT, and tokens with strong fundamentals, like TON and KAS, attracted investors. Bitcoin mining stocks, AI, and gaming sectors may be growth areas in Q3.
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