True North Commercial REIT T.TNT.UN

Something broke in REITS past 2 months

[garyreins]

Office REITS dived about 40% which made the yields jump an additional 4%+.....while the central banks have mostly paused or may very well be done entirely.  Seems pretty odd that the opposite trade didnt happen, that we gain 40% on the 2024 rebound card

[99thPercentile]

Rate cuts take 12 to 16 months to fully impact the general economy. Expect this stock and many others to dive more. We might not even be done rate hikes yet. We got a long way to go. Looking at 2 months and making this comment shows your general ignorance of basic economics. Buy GIC's if you dont want to think. You would be making 5.75% on a one year

[Kylemcc10]

Historically it's 21 months on average from the first hike. That's when things get real messy. We're at month 18 I believe. This hiking campaign was insanely fast but there was a lot of stimulus to flush out. Reits have gotten smoked, I'm waiting for the broader indexes to follow. How much further will TNT drop? Who knows, but periodic buys from this point isn't a bad idea. I