TSX:AX.PR.E - Post by User
Post by
garyreinson Nov 03, 2024 9:14pm
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Post# 36294596
XRE AUGUST 7 LOW
XRE AUGUST 7 LOW$15.65 (1.5% lower than where it is now). It made a move to $18 in 5 weeks by Sept 13 the time they cut. This week could be that final 1-2% losses, then another sharp 5-6 week rebound by mid Dec.
Thats my base case based on another whopping 50bp-100bp by early Jan from BOC and the more bullish time for stocks and risky income investments like REITS