RE:RE:Don't Just Sell This POSyou are assuming we see lowering of rates in the next 2 years?
I don't think so...We are in a high interest rate enviorment for a long while...
In 1979 we had 12% rates rates did not come down 1985-1986..then went back up in the 1998-199
rates did not drop until 1992
that is 11 years..
here you go...
https://www150.statcan.gc.ca/n1/pub/11-210-x/2010000/t098-eng.htm marcrobert wrote: not just renewables, all utilities are looking at higher capital costs . but if they have no debt to refinance any time soon, and don't need more capital for a year or 2, who cares? reits, utes, homebuilders, interest sensitive sectors will bottom sometime next year potentially, some strategists think 1st half but who knows. When fed hits 5-6% = bigger discounts and more opportunity etc. If Fed rate hits 8-9% as some predict (doomsday folks) none of this will matter
Some big companies who issued a ton of debt when money was free will get taken to the woodshed likely... Ironically, the larger so-called "garbage unprofitable" companies who raised billions of equity can trim capex and "survive" for years.