TSX:AX.PR.E - Post by User
Comment by
Torontojayon Nov 28, 2024 9:30pm
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Post# 36336655
RE:TAX LOSS SELLING ABOUT TO TURN
RE:TAX LOSS SELLING ABOUT TO TURNgaryreins wrote: INTO TAX LOSS BUYING.
WE NEED SOME SUPER BULLISH NOV CPI DATA OR BAD GDP/JOBS
AND WE'RE OFF TO THE RACES.
Looks like construction work is drying up down south. These are interest sensitive sectors like construction and manufacturing that gets hit first before it spreads to other parts of the economy. Housing completions have already peaked in the US and layoffs for these workers will take place with a lag in 2025.