Post by
garyreins on Jan 29, 2024 2:39pm
I dont get it man
MARKETS rally but US reit sector dives and most canadian reits are barely treading water and half red. This is just abysmal trading for the 4th consecutive day. Must be a leak about what powell is going to say and its not good
Comment by
ScroogeMcDuck1 on Jan 29, 2024 7:03pm
Torontojay, here is your point. https://www.youtube.com/watch?v=1PXD7NZ5h9g
Comment by
Torontojay on Jan 29, 2024 7:28pm
I've written a recent post addressing my concerns over the liquidity crisis in the US. It goes into more detail. https://stockhouse.com/companies/bullboard?symbol=t.su&postid=35846546
Comment by
DZtrader on Jan 29, 2024 8:46pm
.......well actually not first, it's been mentioned and discussed here a fair bit. Despite record issuance of late there has also been surprisingly a reasonably strong bid for bonds including corporate as well. Given the overall consensus that yeilds will be going down the timing seems now to get in. A bit of a fomo for bonds. I had feared the opposite and thought bonds would remain pressured.
Comment by
ScroogeMcDuck1 on Jan 29, 2024 11:13pm
The reason for today's spike up was the bond auction and the US ten year yield dropping. Nice to know the value of the local mall in Alberta is dictated by democrat deficit spending in another country. The markets are stupid.