Post by
garyreins on Dec 06, 2024 12:57pm
QUESTION...
Why are US and CAD reits getting taken to the shed with flat bond yields and flat markets?
Comment by
EstevanOutsider on Dec 06, 2024 2:39pm
it appears to be tax loss selling related in my view. some reits are green, others red. same for utilities. POS ytd'ers like aqn and spb getting woodshedded while the winners are still up. volume is low too. end of the year capitulation from tax loss is my guess.
Comment by
garyreins on Dec 06, 2024 2:48pm
thanks, thats very reasonable answer. the SP action on reits is making no sense these days