H&R Real Estate Investment Trust T.HR.UN

Tomorrow could be the day

[SNAKEYBOY]

US reit etf VNQ poked it's head above resistance today and could have an additional 8% upside this month with a market favorable CPI. that'll likely take some canadian reits with it.  Alternatively it's a good excuse to sell the news and go back to bottom of trading range along with s and p.

The fed wants to keep hiking it's their predetermined plan so maybe the number will be manipulated higher so they can say 'we tried to pause and be the good guys but...."

[Torontojay]

Cpi should read 3% due to the base effect.  It is still trending at 4.5% + 

[Torontojay]

I get an official Cpi print of 3% which confirms exactly with my estimate.  https://www.fxstreet.com/amp/news/cpi-data-preview-us-inflation-expected-to-slow-down-in-june-202307120619

[SNAKEYBOY]

base effect?

[Frankie10]

And now base effects begin to work in the opposite direction while core month over month is stuck in the 4% range... please correct me if I'm wrong Jay...

[Torontojay]

Hi Frankie, yes you're right.  Here is a mathematical way to calculate a 12 month inflation rate using month over month figures.  Cpi (12 month) = (July/June Cpi ) * (August/July Cpi) * (Sept/August Cpi)  *... * (May/April Cpi) * (June/May Cpi)   m/m refers to month over month inflation ; I.e July over June  The first bracket (July/June) refers to last

[Frankie10]

Few. Understand This.