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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

TSX:AX.PR.E - Post Discussion

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Post by ScroogeMcDuck1 on Jun 17, 2024 3:17pm

Can someone explain

I don't understand massive free fall of all income stocks in a week, after the cut. Is this because people expect the economy to weaken faster than the cuts can prop things up?   Alot of stocks started acting wierd.   Today nxr is 4 times volume and has collapsed, but with loads of recent insider buys.  Is there large scale manipulation happening to scoop things up before rates go down more?  Nothing is behaving like any time in 2024 right now.   Explain theories, please
Comment by garyreins on Jun 17, 2024 3:22pm
The only theory I got which you heard is that foreign investors are exiting due to currency risk.  These trds have been in freefall since the cut, the exact opposite you thought would happen
Comment by ScroogeMcDuck1 on Jun 17, 2024 3:24pm
Amber on bnn was asking a guest on Friday and his only explanation was herd mentality 
Comment by Torontojay on Jun 17, 2024 4:15pm
  The best explanation I can think of is that interest rate cuts may also indicate a hard landing. It's not clear to me  that the worst is behind us. I think it may very well be in front of us which is why Canada cut in the first place. Moreover, if the US cuts down the road it could be a double whammy blow to the Canadian economy.  Canada will be a losing economy until we ...more  
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