TSX:AX.PR.E - Post by User
Post by
garyreinson May 27, 2024 4:17pm
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Post# 36059348
Its hard for me to believe-
Its hard for me to believe-That the next big move for REITS will be "up" when there's no jockeying into position for many names going on now, with even the CAD darling FCR downtrending and unable to resume a trend.
Like the market is just saying to frankie and others "here we're staying low so you can accumulate before a mind-bending RIP higher in a few months"
I doubt it
REITS started going fast in mid/late Oct cause the market was catching on that the inflation rate likely would fall in the months going towards end of year
this isnt happening now, in fact the opposite
trading like theres gonna be a FED hike