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

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

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

TSX:AX.PR.E - Post Discussion

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Post by Torontojay on Jul 30, 2024 3:25pm

Chrystia Freeland

Is celebrating because Canada is the first country in the G7 to lower interest rates a second time! What a clown.

I'm not sure who is more credible, Frankie, DZ or Chrystia. 

She is celebrating as if that's good news. It's actually very negative that Canada is the first country to lower rates for a second time. It tells us the recession has arrived and our economy is deteriorating quicker than the others. 

It amazes me that some people actually have faith in her. 

Hey Dztrader, I think you're going to like this video. 

https://m.youtube.com/shorts/xqQ7-WgrCf8

Comment by rad10 on Jul 30, 2024 3:40pm
That's not an unreasonable decision. Inflation seems to have eased up. A second rate cut was telegraphed. Is this unexpected to you?
Comment by Torontojay on Jul 30, 2024 3:52pm
  The rate cuts are necessary but they may be late to the game. When you cut rates for a second consecutive month, it's not necessarily great news as she would have you believe. It tells us the economy is deteriorating quicker than the rest. Of course, the liberals will spin the narrative to make you believe what they want you to believe.  We should know better than that. 
Comment by rad10 on Jul 30, 2024 4:00pm
Late to the game, but relatively early to do so...... damned if you do, damned if you don't. 3 more meetings this year - there will likely be a couple more cuts.  Mortgage renewal wall inbound in 2025.... Freeland being female is a problem?  She's considerably more capable than her boss. (That's not saying too much, but it's fairly obvious).
Comment by Torontojay on Jul 30, 2024 4:09pm
I have absolutely no issues with her being a female. It's deceptive to tell the Canadian people that we are the first to cut interest rate cuts of the G7 countries as if we should celebrate.  As a matter of fact,  It is simply an admission that, "oops we screwed up, but hey look our interest rates are coming down." Wink wink.  I certainly hope you didn't fall for ...more  
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