TSX:AX.PR.E - Post by User
Comment by
Torontojayon Dec 26, 2024 2:53pm
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Post# 36377814
RE:FOUR MORE CUTS EXPECTED BY BOC IN 2025
RE:FOUR MORE CUTS EXPECTED BY BOC IN 2025
garyreins wrote: Just saw a yahoo finance aritcle, According to some economists. Thats 2.25%. Even if we get TWO more to 2.75% thats not bad.
3.75% borrowing rate for GARY to buy REITS at current 6.5%-9% yields.
Barry shwarrtze said back in 2014 or something that a cheap canadian dollar with high yield reits is the perfect trade for foreign investors. Get the dollar cheap and high yield, then wait till the CAD DOLLAR GETS STRONGER AND pad your return with currency appreciation and yield....over many years of course.
2025 BETTER BE THE YEAR FOR REITS. WE CANNOT ENDURE 4 YEARS IN A ROW OF THIS GARBGE.
I agree with this view Gary. However, I think a few things have to happen. First we need a change in this country's leadership. Then PP has to lower taxes and red tape so Canadians can finally breathe. When that happens, the Canadian dollar will turn bullish and a great buying opportunity will be present. I think there is much more downward pressure on the $ C in 2025. We may get a new Prime Minister as early as Spring and the markets may react on that.