TSX:AX.PR.E - Post by User
Post by
garyreinson Jan 12, 2025 10:31pm
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Post# 36400461
Correct me if I m wrong.
Correct me if I m wrong.Looks like both DZ and Gary and possibly REITMAN and others here are ready to deply some cashola on CAD reits has they drift lower this week. DIR.UN dream industrial has been spanked $14.50->$11.50....june lows taken out even though they just reported sales last quarter 16% above $16 NAV
SRU, RIOCAN, HR high quality reits about to go down the toilet too on this bond tantrum
THIS as the most bullish time for stocks and rrsp and bonus season is here, the selling pressure is relentless after the bond market already moved up +115bp in 4 months
things are about to get interesting. does the next capitulation sell off day have big buyers step in on these big juicy yields as the market makers sell the narrative that the economy is going to be hot in 2025