RE:This SP makes no sense here"Is HR AFFO expected to tumble 15-20% on debt expense?"
I haven't done the math but if you adjusted all existing debt to current rates, then AFFO would decline a fair bit.
There is the scary possibility that inflation spikes and rates follow. Few contemplate this possibility.
Governments are not slowing down their massive spending, which is the ultimate primary driver of inflation.
I suppose none of this matters really. The biggest factor in my eyes is whether Trump wins or loses in November. That binary changes everything.