TSX:AX.PR.E - Post by User
Post by
garyreinson Nov 02, 2024 9:47pm
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Post# 36294029
BANK OF CANADA
BANK OF CANADAWill cut 50bp in both DEC and JAN according to a citi economist.
Thats 2.75bp overnight rate and a ~3.75% Interactive Brokerage margin rate (prime + ~1% blended)
Gosh if I gobble up REITS now with a 6% dividend like Riocan up to a 7.5%-8.5% dividends (many names) thats an INSANE income spread.
I wonder when the canadian PENSION funds are going to catch on here