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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  ARESF | T.AX.UN | T.AX.PR.I

Artis Real Estate Investment Trust is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. The Company’s portfolio comprises more than 100 commercial properties. Its properties include Bower Centre; Maynard Technology Centre; McCall Lake Industrial; Pepco Building; Alex Building; 1093 Sherwin Road; 1681... see more

TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > Hold on. Interest rates will fall soon
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Post by canadian on Aug 02, 2023 11:10pm

Hold on. Interest rates will fall soon

Unemployment will go up. My guess is it will be above 6% possibly even 7% by end of this year.  What will BoC do? We are importing more than a million people every year.
Comment by canadian on Aug 02, 2023 11:32pm
Last month we added 60000 jobs and still unemployment went up by .2%. This might be the best case for unemployment. If we add  30000 jobs each month, unemployment will increase .3%. If we don't add any jobs, unemployment will increase .4% For the remaining 6 months (including july) Best case: .2 × 6 = 1.2 5.4+ 1.2 = 6.6 Average case: .3 ×6 = 1.8 5.4 + 1.8 = 7.2 Worst case: .4 & ...more