TSX:AX.PR.E - Post by User
Post by
garyreinson Aug 07, 2024 10:46pm
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Post# 36168818
post from canadian ON REI Forum
post from canadian ON REI Forum"5 year bond yield at almost 3%. BoC expected to cut interest rates to 3% by middle of next year. My prediction is 2.5% by end of next year or mid of 2026.
And still Reits underpermance does not make sense. "
https://stockhouse.com/companies/bullboard/t.rei.un/riocan-real-estate-investment-trust?postid=36168250
Something stinks in this trade, like REIT space knows of another shoe to drop
these trds shouldnt be going back to fall lows yet again, all these trds should move 10% higher and then have a new higher trading range. VNQ should be $90-100 for next 6-12 months. XRE should be $16.50-18 for next 6-12 months.