TSX:AX.PR.E - Post by User
Post by
garyreinson Jan 15, 2025 6:26pm
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Post# 36406079
Look at it from this perspective.
Look at it from this perspective.On a purely technical level these CAD reits are oversold, borrowing in Canada is 175bp lower than the last time XRE was at these levels (making it more attractive to canadian investors/pension funds etc), and today we had a bit of an excuse to get a "bounce" with green shoots everywhere ...
and all they did was sink from the second they opened up too high.....to RED or pennies
that is literally more bearish then if we got flushed out on bad CPI
this is just troubling man.
something has definitely broke in "REITS" here
i just cant figure out why