Post by
garyreins on Jun 29, 2024 2:19pm
REIT GURU/INVESTOR
The only way I see this ending well for big REIT bag holders is getting 1 or 2 names "M & A" in next 12 months (ie bought out at premium to trading price, like Cominar was), recycling that capital into other names, then getting Trump in and a faster rate cut environment.
If history is any guide its always going to remain higher for longer and hawkish central bank cuts, cause this CPI/COST OF LIVING crisis has taken on such a monumental place in the MSM narrative even though its old and boring by now
(fyi no one actually knows what it is, and if ur insureance is going up 40% Y O Y the official rate seems suspicious)