How Defensive Are REITs?
We have long argued that REITs (Real Estate Investment Trusts) should be considered as a core asset class in asset allocation (see, for example, October 16, 2017: REITs As An Asset Class). In this newsletter, we revisit its current state.
First, let’s look at the current asset trends.
REITs and defensive sectors are still holding
US stocks quickly reverted back to downtrend last week. However, REITs are still in a positive trend:
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