TSX:AX.PR.E - Post by User
Post by
garyreinson Jun 17, 2024 9:13pm
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Post# 36093263
YIELDS
YIELDSDespite all the talk about recession etc etc, bad canadian economy
If rates, or long bond yields are moving down, and reit yields are moving up- thats problematic.
For starters, any company cannot terminate a lease wihtout a termination fee, and alex avery has been buying a lot of PMZ, so clearly they are not seeing first hand a wave of bankruptcies about to hit
therefore I conclude this reit sell off is BS, the shorts going to work, going to try to flush a lot of hands and take their shares cheap. Probably in the fall to xmas there will be a very good rally but its just a question of how low does that rally start off of
wouldnt be surprised if we have one more june CPI swoon, sleepy joe isnt getting oil /gas cheap enough