Post by
garyreins on Jun 28, 2024 7:37pm
IRONICALLY
The CAD reit trade is looking very similar to last year. A big sell off last few weeks of June and a rally starting on the ex-div date. If luck is on our side we may get a rally into August and earning seasons...
then, september/oct is a month to watch out for. Historically the use powells jackson hole speech past 2 years to spin a hawkish narrative and tank the reits.
Lets hope he doesnt utter words "higher for longer" or some bs like that- I would think the democrats election chances being utterly erased that close to the election would not look good on them