PEAK - REITs Retreat Amid Reopening Resistance
Real Estate Weekly Outlook
U.S. equity markets reversed last week's gains after Congressional leaders and Federal officials pushed back on plans to end government-mandated lockdowns despite mounting scientific evidence calling into question its effectiveness and amid indications - including a shocking election result in California - that public opinion has shifted sharply away from "perpetual lockdowns" in recent weeks. Likely fueling this shift was another round of ugly economic data - underscored by Initial Jobless Claims data that showed that a fifth of the American workforce is now unemployed - and data showing that the