Post by
garyreins on Jun 18, 2024 1:57pm
Explanation
I dont man, Im looking for an explanation for this sell off, while TJ is talking about recession and bankruptcies, perhaps there is validitiy in that and canadian reits are being given the "recession" 5% discount
but i dont man, ive never seen canadian reits trade this bad and decoupled from bonds, markets and vnq
Comment by
Torontojay on Jun 18, 2024 2:08pm
Just pull a chart for US and Canada and it becomes obvious. Since the BOC cut interest rates, Xre is down but Vnq is up. Counter-intuitive eh?