TSX:AX.PR.E - Post by User
Post by
garyreinson Oct 29, 2023 11:09am
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Post# 35706273
REIT route
REIT routeFrom March 2022 to Oct 2022, the REIT sector lost almost 25%. Had a bear market rally Oct 2022 to March 2023- +15%. March 2023- Oct 2023 the REIT sector has lost almost 25% again.
FOMO trade could be in order off these bottoms going into the santa rally and new year 2024 optimism on some positive news on the inflation front. There's huge $ to be made on the recovery of these interest-rate sensitive stocks. The issue? The hikes aren't really giving much bang for their buck anymore and it seems like the easy gains off the stimulative <3% rates have been achieved. Maybe we just live with 3% inflation and carry on