TSX:AX.PR.E - Post by User
Post by
garyreinson Aug 12, 2024 10:26am
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Post# 36174373
WHAT NEEDS TO HAPPEN NOW
WHAT NEEDS TO HAPPEN NOWALL CAD REITS NEED TO MOVE UP 10% TODAY. Thats a fair valuation, then trend up or down with bond yields. Three's an uncessary discount given for unknown reasons.
Either expecting 1. HARD LANDING IN CANADA. 2. Rate cuts stalled due to higher inflation
Both options dont seem like the "base case" with the data rolling in. In a soft landing scenario with rate cuts continuing to come in there is sginificant catch up needed