TSX:REI.UN - Post by User
Post by
SNAKEYBOYon Sep 24, 2022 9:26pm
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Post# 34984685
The Fed is wrong. Buy REITS.
The Fed is wrong. Buy REITS.Fed has put on its "big boy" pants and wants to take rates to 5%, but the real-time indicators have been in a deflationary trend for quite some months. Just look at oil, $120 to below $80. Markets/REITS down 25% YTD, Copper also down, housing prices and building materials will also freeze up at these higher rates. Yet the Fed cites "pesky inflation" by looking at CPI numbers that are lagging indicators. They are not that smart. As soon as the 10 year hits 4% and the 2 year 5% there will be a sharp reversal as the economic downturn becomes evident in the data.
BUY reits for a monster rally starting any week now