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

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Artis Real Estate Investment Pref Shs Series E > CRAZY

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Post by garyreins on Aug 03, 2024 4:15pm

CRAZY

"Remember: Elizabeth Warren got Jay Powell to admit that there had never been a precedent where the Fed took interest rates up as hard and fast as they did that did not result in a recession.

Until now, Powell thought he’d get the last laugh. But, the consensus today is 35-40% chance of a recession because the Fed waited too long to begin bringing down rates.

Now, the Fed will have rush their cuts, which ironically will panic markets, and pull forward a decline in business activity."

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Comment by Torontojay on Aug 03, 2024 4:34pm

I would have cut when the unemployment rate reached 4%. If not at 4% then at the very least they should have cut when 4.1% was staring at them in the face. https://stockhouse.com/companies/bullboard?symbol=t.ax.pr.e&postid=35971579

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