TSX:BPO.PR.A - Post by User
Post by
Carenaon Jun 17, 2024 2:03pm
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Post# 36092493
BPO Prefs....Another Storm Brewing?
BPO Prefs....Another Storm Brewing?Hi there,
General malaise in the Cdn pref share market...steep declines in BPO today are not too surprising given the pull back in the Pref ETFs lately. Does not seem BPO/BPY specific.
I think there is a broader issue at play and, that is, there seems to be little demand for anything related to the TSX. The TSX is trading in line with the IWM in the U.S. for what feels like forever now. As Barry Schwartz tweeted yesterday, the only real pure play tech stock we have in Canada is SHOP and it has not gone anywhere since 2020. YIKES!
Instead of "O Canada', perhaps "Go Canada"!
Have a good day,
Carena