Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

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

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... see more

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Artis Real Estate Investment Pref Shs Series E > Hold on. Interest rates will fall soon

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Post by canadian on Aug 02, 2023 11:10pm

Hold on. Interest rates will fall soon

Unemployment will go up. My guess is it will be above 6% possibly even 7% by end of this year. What will BoC do? We are importing more than a million people every year.

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Comment by canadian on Aug 02, 2023 11:32pm

Last month we added 60000 jobs and still unemployment went up by .2%. This might be the best case for unemployment. If we add 30000 jobs each month, unemployment will increase .3%. If we don't add any jobs, unemployment will increase .4% For the remaining 6 months (including july) Best case: .2 × 6 = 1.2 5.4+ 1.2 = 6.6 Average case: .3 ×6 = 1.8 5.4 + 1.8 = 7.2 Worst case: .4 & ...more

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Artis Real Estate Investment Pref Shs Series E