TSX:AX.P.E - Post by User
Post by
garyreinson Apr 19, 2024 11:17am
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Post# 35998073
THE BLEED MAY BE OVER.
THE BLEED MAY BE OVER.In reits. For now. This is what will give us a breakout.
1. Good PCE
2. Good APRIL CPI
3. BOC to cut in June
should trigger a breakout
On the other hand:
1. Bad PCE(likely baked in), not much will happen
2. Bad APRIL CPI (flushed and bond market prices in a fed HIKE)
3. BOC holds off as well
Im leaning towards the b ottom scenario because I ve learned to recgnize this never unwinding rate and inflaton sham!!!!!!