2024-03-09 09:00:00 ET
Summary
- The hopes of lower interest rates are fading away.
- This has caused REITs to sell off again.
- But we have not lost hope, and you shouldn't either. Here's why.
Co-produced by Austin Rogers.
After rallying in late 2023, REITs have sold off again and given up a good portion of their gains. Some of them are down back to where they were in the Fall of 2023 and are down up to 50% in total:
It appears that the high hopes of near-term cuts to interest rates have faded away in recent months....
Read the full article on Seeking Alpha
For further details see:
An Important Warning To REIT Investors