TSX:AX.PR.E - Post by User
Post by
garyreinson Nov 01, 2024 6:31pm
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Post# 36293133
"REITS OUTPERFORM WHEN THEY CUT RATES"
"REITS OUTPERFORM WHEN THEY CUT RATES"Lol, CAD reits are red YTD and TSX is up like 17%. And we had 1.25bp worth of cuts in canada and 50bp in the US
Honestly not looking like anything under the sun is going to make these guys come back, which I would consider XRE $18-20 so a bit higher than where we were early September. They just tanked in record time. If it isnt the 10yr, what will it be next? inflation going back up?