Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): ARESF | T.AX.PR.I | T.AX.UN

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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Artis Real Estate Investment Pref Shs Series E > Due for a Strategic Review or Updates

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Comment by borne2runon Oct 05, 2023 9:18am

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Post# 35670715

RE:RE:RE:RE:RE:RE:Due for a Strategic Review or Updates

Re: "Fact is, it's all guessing."

First, I did write "could", not would; even had the word in quotation marks. Rick didn't say what he believes will or won't happen. He referenced his monthly chart, which now has a target in the teens. Short term, the rates are "burning to the upside".

NO, it is NOT all guessing. Rick has been very successful in the bond market for decades. ZIRP was a ridiculous policy, causing all manner of malinvestments. The transition back to some sort of "normalcy" will be very painful. Interest rates declined for 50 years, now they are on their way back up. And Rick's time frame for a peak stretches past the end of the decade. There will be many short and intermediate term cycles within that period.

Companies with good management will adapt and succeed. However, investors must realize that the interest rate tailwind is now a headwind.

While it is possible 5 year rates could hit 2%, the economy would be in deep depression.

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