Post by
daytrade on Mar 18, 2020 3:11pm
What's the rationale for the 20% drop
BPY has solid assets with cash flow. Hard to understand how judgement is cloudy in times of panic. The assets remain the same, the cash flow may drop. Trading at all time lows. Looking for more market support. Very dissapointed . Daytrade
Comment by
Vette08 on Mar 18, 2020 4:32pm
Jeff Gundlach said today that the price of govt bonds are being driven down (ie yields up) because of dramatic growth in the US deficits in coming years to pay for this virus debacle. Combine this dramatically widening corporate spreads ...... All this will knock the heck out of the $30NAV/Per share! Vette
Comment by
FLYIN on Mar 18, 2020 7:29pm
And house prices too which will be next. We will be holding for a long time on all these events. As a bit of a conspiracy theorist, I wonder if this has all be coordinated?