TSX:AX.PR.E - Post by User
Comment by
Torontojayon Oct 28, 2024 4:50pm
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Post# 36285762
RE:Is it pointless?
RE:Is it pointless?
garyreins wrote: REITS = Bond proxies. Sure a name like NWH or FCR can rally today on an upgrade, but overall the sector is dead in the water until the bond traders start scooping up the treasuries.
Right now they are being dumped like horse meeanur.
economy is too hot and trump is going to let inflation run wild
thats how phoney the narrative has become, and we all know it!
Reits are a proxy for long term interest rates but with extra risk. You make more money in good times and lose money in bad times. People often forget that bonds can appreciate much like stocks do. It's not just about collecting the coupon.