TSX:AX.PR.E - Post by User
Post by
garyreinson Apr 23, 2024 6:24pm
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Post# 36004146
Approaching a 4 month downtrend for REITS
Approaching a 4 month downtrend for REITSPeaked mid January and they all took different paths sinking. If you pull up a chart of SRU you probably see the most accurate picture since Artis/office and others sunk hard immediately first. Just a slow 4 month bleed, with no reversal in the cards.
Bad CPI and another hike will be Powells swan song. He will say its the last hike to kill inflation (rolls eyes), then maybe he delivers two 50pt cuts in late summer/fall