RE:Find it Amazing how many expert bears there are now … "when 10 year yield rises every day, and it looks like the world's coming to an end probably time to start adding to your position. "
Yes, but the elephant remains, are rates just rising back to long term normal averages, at which they will remain? Perhaps they will keep rising and overshoot? I don't know. I seek answers to those questions in order to determine what I am going to do.
"These assets don't just disappear overnight and for those who think the interest rates going to rise further in Canada ( BOC ) I highly disagree with this call."
You are probably right. Canada's deficit is huge, but when looked at as % of debt already owed, the growth % rate isn't massive.
"the BOC will break something by mid year and have no choice, but to cut."
Ok, but lets ask ourselves, what might the SP of HR.UN (and others) be at the point during which the BOC has "broken something" (like the economy, I suppose)...
"and if the government actually stop spending like a drunken sailor, we could get a rate cut tomorrow. "
"Sure agree thereThe biggest problem is the governments over spending and that's what you get for voting in Liberal / NDP. It's the same every time over and over again.... easy to spend money, That's not your own. I can't believe that Canadian public. Lets them get away with it. Unbelievable... ( should be held accountable )"
Yup
"just venting my frustration!! ... "
Many feel the same, myself included
I'm long HR but could buy much more of this and another RE play. I'm debating and concerned over points mentioned above.
GLTA