TSX:REI.UN - Post by User
Comment by
Shirtlessnomoreon Oct 16, 2020 10:22am
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Post# 31727815
RE:RE:RE:Consumer Spending SMASH
RE:RE:RE:Consumer Spending SMASHI took my daughter and her friend to the mall last night, for a Thursday in october ot was pretty busy, I met them over at the food court which had line ups at pretty much every food place. I think your maybe being a little dramatic Tommy lol. Sounds a bit like you want in here for a few. I dont own it yet either as I've been buying another reit but keeping an eye. Cheers
Tommy123 wrote: BlueGuitar1 wrote: CANCDN wrote: The US retail sector is on FIRE. Beat estimates by 100%
Im sure this is similar in Canada.
Not sure Canada is the same.. I visited some malls and they were quiet. Maybe on-line retail is where the spending is. I noticed a lot of closed retail stores. These were not RioCan places though.
Agreed. I think the US is running up their debt more than Canada is to provide stimulus. The next 12 to 18 months for RioCan is going to be absolutely brutal :(