Post by
CrazyTrader on Jul 23, 2024 7:04pm
There's 2 rates to watch. BoC and the Fed.
IMHO....
A drop in rate by BoC is Negative for the Reset Prefers, as this reduces the dividend payout.
A drop in rate by Fed is Positive as this reduce the Risk/interest payable on loans.
I'm guessing what's most important to Brookfield is rates in the USA.
All just my opinion/view/thinking