- REML’s closing price of $6.30 is the lowest close since May 12, 2021.
- While much is unknown now about the Omicron variant, it does not appear that it poses any particular risk to the leveraged ETNs based on mREITs.
- The response or lack thereof, by the policy makers in response to higher inflation is worrisome.
- Until employment gets back to pre-pandemic levels, there will not be any increases in short-term rates by the Federal Reserve.
- There have been many more increases in the dividends paid by the mREITs, than decreases in recent quarters.
For further details see:
Time To Buy REML With A 17.6% Current Yield