TSX:AX.PR.E - Post by User
Comment by
rad10on Mar 12, 2024 9:55am
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Post# 35928213
RE:RE:Powell must resign.
RE:RE:Powell must resign.Torontojay wrote: Horrible inflation print.
Gold was already ahead of the news. Gasoline prices moved higher in February too. Core CPI came in at 3.75% compared to 3.86% the previous month. Inflation is taking way too long to come down. This is not a good sign for maturing debt that will have to be rolled over in both commercial real estate and corporations.
There are some awesome mid to late 2024 / early 2025 rate reset preferreds. Pipelines, BCE, crappy banks............. All good.