TSX:AX.PR.E - Post by User
Comment by
Torontojayon Jun 19, 2024 11:11am
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Post# 36095949
RE:Buying the reit dip?
RE:Buying the reit dip?
garyreins wrote: Every name at 6 or 12 month lows as rates come down. What a psych job
I would not be surprised if Canada cuts more aggressively for the rest of the year. I believe the damage has already been inflicted from this hiking cycle and they will be reactive to a weakening economy. This happens almost every single time the central bank raises interest rates aggressively. It is often followed by aggressive interest rate cuts of similar magnitude.
Canada will go through a tougher time this time around than they did during the GFC.
It cannot always be rainbows and unicorns.