TSX:AX.PR.E - Post by User
Post by
garyreinson Feb 07, 2024 4:42pm
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Post# 35868431
Jan 24 to now has not been kind
Jan 24 to now has not been kindA handful of good reits like PRV and FCR got thrown out with the bath water are doing fine. For the average reit, particularly multi or with office componen it has not been kind. At least 50% if not more retracement to the fall LOWS. Definitely no uptrend and pullback reflective in these chars.
Central banks reiterate their patience stance which pretty much means to me they are not actually looking to cut rates and keeping some open mindness to not get massive backlash