TSX:AX.PR.E - Post by User
Post by
garyreinson Jul 12, 2024 9:04pm
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Post# 36131209
Supposedly Apr, May, June CPI was ok
Supposedly Apr, May, June CPI was okWith CRUDE oil poised to buckle going into the fall and go back to $65, and last year we had q4 with good inflation data as end of year clear out or whatever before Q1 new year hikes,
and with the latency in rate hikes expected to further job losses and gdp
the recipe is right for a NICE REIT SURGE. I still think we can get a fall correction but end of 2024/early 2025 with the big 20% reit surge we saw past 2 years we can get a bigger one this year
CAD REITS are still buys for another 8%+ at least