TSX:AX.PR.E - Post by User
Post by
garyreinson Mar 07, 2024 12:34pm
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Post# 35920774
I reiterate my statement
I reiterate my statementThat central bankers need to all be fired immediately and replaced with new ones.
Everyone thought the hiking cycle would give reits a nice correction from their covid highs, get in 20% cheaper, not be handed their lunch with 50%+ declines.
The message from powell and friends should be: "We know these high rates are painful and restrictive, as soon as we see a good blip in inflation we'll pull the trigger and start easing to some more neutral rates"
Not this "yeah we cant cut yet because of a...yeah the spring housing market will be hot" oh well "oh we cut too early infation MAY go back up yeah yeah" well excuses excuses
they need to all to be canned and replaced with some new talent