Post by
SNAKEYBOY on Jun 22, 2023 1:22pm
CAD reits falling off a cliff
Don't know what happened last few sessions but reits seem super spooked... not the slow bleeding we've seen past few months
Comment by
colucci on Jun 22, 2023 4:05pm
it is due to the threat of more interest rate hikes. for some reason, the market expects that the upcoming recession = zero demand for corporate offices in Canada due to at-home blah blah blah. the economic reality of Canada leads me to believe otherwise.