TSX:AX.PR.E - Post by User
Post by
garyreinson Aug 05, 2024 7:05pm
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Post# 36165132
REIT NIGHTMARE
REIT NIGHTMAREFor months on end we kept getting artifically inflated good economic data causing yields to remain elevated and fed to remain hawksih. In month of July the narrative has reversed and sure enough REITS will get smacked as well if today was any indication. Office reits are on route again to fall lows and other names can get close again if tomorrows sell off is 3-5%.
THE REIT NIGHTMARE THAT DOESNT WANT TO UNWIND.
ALL OVER CPI!!!!!!!!!!
FIRE POWELL AND MCKLENN