TSX:PRV.DB - Post by User
Comment by
canadianon Dec 05, 2024 10:59am
68 Views
Post# 36347199
RE:RE:RE:RE:Trump picks Peter Navarro as top trade advisor
RE:RE:RE:RE:Trump picks Peter Navarro as top trade advisorI do have few of it. It had trouble because of it's mortgages being variable. It's a recession proof stock but there is no guarantee interest rates will fall if a tariff war starts (mostly it will start). Payout ratio is close to 100%. sold it at 8.xx and bought back some at 5.1x. I will wait for the tariff clouds to clear. If there is a tariff war, industrial reits will suffer. Retail and residential will be ok.
Today
Taiwan firm halts plan for $1B battery plant in B.C. that had federal support
https://www.bnnbloomberg.ca/business/company-news/2024/12/05/taiwan-firm-halts-plan-for-1b-battery-plant-in-bc-that-had-federal-support/
Even though they mentioned other reasons, it is definitely because of Trump tariff threat.