TSX:AX.P.E - Post by User
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DZtraderon Apr 08, 2024 10:57am
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Post# 35976713
.............further to
.............further toJust to slightly expand on a couple of comments this morning. Energy IS and outlier. I recognize the weight it carries and the inpetus is could ultimately have on inflation. My thoughts of where we are currently, do not reflect a lasting rise in oil prices as it relates to the turmoil we are seeing in the middle east right now. In the event this last episode with Iran "really" boils over and draws in say the U.S. in a greater capacity than financial aid and guidance, that then becomes another matter and an adjustment in positions would likely have to be considered. Over the last decade or so, the markets have become seemingly a bit more sanguine over geopolitical risk. Yes knee jerk down but fairly quick recoveries also. Should things deteriorate significantly, all bets of course are off.
My reply/commentary was in response to the usual rhetoric and negative commentary of one particular poster. I could have expanded my thought process but as you all know, I don't need to get any longer winded than I currently am. Full length reply/rebuttles to one particular poster would entail lengthy commentary all day and all night, something none of us need nor deserve.
I just think we are in a good place right now barring bad unkown unknowns and I think we have a good chance at the reit sector trending higher here. Not the first time I've felt that way, yes, but money is now backing this feeling......................as is arguably an increased alertness and readiness to change if necessary, but that is the world and the way of the stock market.