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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

Real Estate REIT - Diversified
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 > In the "YIKES" department........
View:
Post by DZtrader on Jul 17, 2024 10:31pm

In the "YIKES" department........

A tweet from Rosie (David Rosenberg)


If you were rubbing your eyes as I was over that retail sales report, I think I found the answer. A very generous seasonal adjustment factor was at play. The raw NSA data actually showed retail sales plunging -5.6% MoM in June, the worst drubbing in a decade and tied for the steepest plunge since the series began in 1992! Lies, damned lies, and statistics.
Comment by garyreins on Jul 17, 2024 10:37pm
"Sorry, folks. No soft landing. On track for 3 straight quarters of declines in real retail sales alongside 2 successive negative production numbers. Only happens in recessions." Jan 2023...
Comment by Torontojay on Jul 17, 2024 10:39pm
It's not looking good out there no matter which way you slice it. It's a bifurcated economy with winners and losers with Main Street diverging from Wall Street. 
Artis Real Estate Investment Pref Shs Series E