TSX:AX.PR.E - Post by User
Post by
garyreinson Jul 03, 2024 10:13am
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Post# 36116172
JUNE CPI IS HUGE
JUNE CPI IS HUGEIts literally a make or break moment, to solidify the september cut or a continued "indefinite" postponement, which the bond market and reits will not appreciate, nevermind making the democrats look like they failed on their main job (lower inflation and rates)
I dont see how we dont get an inline number when the stakes are so high being 1.5 months before the election
I would assume reits will rally into the september cut 5-10% for the sector, then sell the news and correct in the "tax loss" selling period of Sept-Nov