Post by
garyreins on Aug 12, 2024 11:41am
MR SCROOGE, WHERE ART THOU?
You're going to need to explain to me why reits are just randomly worth 1% less today out of nowhere
Comment by
Torontojay on Aug 12, 2024 12:20pm
I think it has to do with the moon and the sun and how they are positioned relative to one another. Something along those lines.
Comment by
ScroogeMcDuck1 on Aug 12, 2024 5:11pm
Btw my usa reits were down big today. The copycat nature of the markets is likely why cdn ones were down. Usa goes down to de-risk into their inflation print, Canada follows. Volatility not performance I think.
Comment by
garyreins on Aug 12, 2024 5:16pm
Good theory . That investors are shell shocked and quick to take $ out. Let's see what happens after cpi
Comment by
Northforce13 on Aug 12, 2024 6:35pm
"I am actually quite happy with the results for the reits I own." Same here, the market is overly pessimistic. REITs are reporting good results, including office .