2024-06-15 08:15:00 ET
Summary
- Disinflationary trends continue, opening the door to rate cuts and a potential REIT rally.
- Signs of consumer weakening are evident in declining movie theater sales, restaurant visits, and ski trips.
- Texas is expected to host a new stock exchange, reflecting the state's economic strength and ability to attract businesses and IPOs.
- My buy list has 9 dividend stocks on it, most of which are high-quality, best-in-class REITs that are temporarily discounted.
Get ready to drink from the firehose. Lots of data and charts to absorb this week. I hope you'll find it insightful and thought-provoking.
Here's the agenda:
- Disinflation continues and is spreading across the CPI basket, which will open the door to rate cuts and a potentially massive rally in REITs.
- More signs are showing up that the consumer is weakening.
- A new stock exchange is coming to Texas in 2026; an ode to the economic strength of Texas.
- My buy list going into the third week of June.
Let's dig in.
Disinflation > Rate Cuts > REIT Rally
As I have been saying for a while now, a disinflationary trend (falling rate of inflation) is solidly entrenched and should continue through at least the end of this year....
Read the full article on Seeking Alpha
For further details see:
9 Stocks On My Buy List As Fed Rate Cuts Approach