TSX:DIR.UN - Post by User
Post by
born2tradeon Sep 27, 2022 5:13pm
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Post# 34990559
More Pain Ahead ?
More Pain Ahead ? - Rising bond yield because of capital flow out of EU -> Increaed capital cost -> reduced growth for DIR
- Recession is almost certain -> lower demand for industrial space
- Agreesive Fed -> More hikes on the way -> buble built up for over last decade
- Exposure to EU -> Futrue prospects bleak because of increased energy costs -> business will look to move elsewhere ->lower demand
- Heavily indebted consumers and businesses -> Impact on earnings / consumers more visible in early 2023 and beyond
Any thoughts ?