TSX:AX.PR.E - Post by User
Post by
garyreinson Nov 14, 2024 10:04pm
38 Views
Post# 36314147
I just dont see how this breaks
I just dont see how this breaks How could the CAD reit sector trade at the same prices when CAD rates were 125bp (soon to be 175bp at dec 11), higher and US 75bp higher (with the fact that more cuts should be coming even hawkish powell skips a month)- also with inflation beat in most countries
it doesnt make sense technically or fundentally
i really dont see how XRE doesnt hold this level, even if it slow bleeds another 1% or so
that would just be a slap in the face