2024-07-23 16:40:29 ET
Summary
- SA analysts are optimistic about REITs due to an expected interest rate drop.
- REITs dropped more than the Russell 2000 and the equal-weight S&P 500 in response to interest rate increases.
- Future developments are far from certain; be cautious about a REIT rally.
We are seeing lots of SA analysts starting to salivate over what they see as a near-term upside in REITs. The key aspect is their belief that interest rates are about to come down significantly and that REITs will respond by repricing upward....
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For further details see:
A Cautionary Note On The Impending REIT Rally