Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s): ARESF | T.AX.UN | T.AX.PR.I

Real Estate REIT - Diversified

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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Artis Real Estate Investment Pref Shs Series E > What I think could happen

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Post by CptnBlueberrieson Aug 30, 2024 4:44pm

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Post# 36203395

What I think could happen

S&P 6000+ into the election, weakness at/after the election. I kind of agree with TJ's view that the economic data is worsening and that the recession will ultimately come and bite the market's azz (well in part at least, I'm not a doom and gloom / David Rosenberg kind of guy, we're not going back to s&p 3600).

But right now sentiment and momentum is positive, market keeps reacting positively to all news related to cooling off CPI or incoming rate cuts. I think the wave keeps moving up for now. Gonna revisit in a month or two, if economic data keeps worsening / unemployment keeps going up and it looks like the election bring civil unrest, I think that could be a great time to get some serious dry powder.

Just some thoughts, could be wrong (I often am lol).

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