TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon Aug 16, 2024 7:53am
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Credit Risk, Interest Rates, Before Covid. The "BEST" times.
Credit Risk, Interest Rates, Before Covid. The "BEST" times.Sonoffergus, your "sound" theory has one problem with it. The PAST. Before Covid, interest rates were rock bottom. Where were Prefer ETF shares trading at? I tell you, they followed them down, so did BPO Prefers for the most part.
Past does not automatically predict the furture, but you have to ask yourself why would it be different. If back 2013 to 2019 BPO share prices were down in the Teens while interest rates were going down and Credit on Brookfield shares high...... Why would it be different this time (shares go up while interest rates go down)?
Anyways, we are living in a upside down world right now, so maybe they will.