iEdge S-Reit Index Weekly Review 8 Apr 24
Despite a relatively cheap valuation for SREITs, I continue to caution prudence. An interesting development on the chart calls for caution. Important US economic data lies ahead.
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104238715 : Weird that reits going up when economy and jobs still hot, oil and commodities also higher plus 10yr yield at higher ... I blur.
DividendKopiOP 104238715: Yeah. Very interesting right. I was also like huh? That’s why I think it’s sentiment. Like investors feel worst priced in. But like I say. This type very risky. Can change very fast and furious. Caution!
102935005 : I think market is forward looking. impending rate cuts would likely mean lower financing cost and better returns in the longer term. market would've priced in the rate cut by the time rates come down
DividendKopiOP 102935005: Yeah possibly indeed. Am just worried if the continued strength will influence the fed to hold longer. .
102935005 : near term would not make a difference to be honest. most contracts are locked for 2years or more. in fact as long as they drop rates by 2025 should be favourable when renewal is due
DividendKopiOP 102935005: Hopefully no knee jerk reactions in the meanwhile hahaha that is the scary thing
102935005 DividendKopiOP: I think reits is probably one of the least risky asset class. everything is locked into contracts, no big fluctuations, interest drops people pay less for mortgage more money to spend at malls. the only real risk I would think is if the building gets bombed or collapses due to structural issues, prices generally do not have huge fluctuations as compared to other dividend counters like banks.
DividendKopiOP 102935005:
104359825 : Inflation on the left. Recession on the right. Whatever the Fed does, it doesn't matter. Anyways, the US presidential election is coming at the end of the year. Biden will cut rates to try to attract voters before the election. This will cause inflation to shoot up again. After the election, whoever wins, will have to raise the interest rates to tackle the inflation..the economy is already in a mess. buy gold instead. it's at ATH daily, weekly & mthly atm.. U can thank me later
DividendKopiOP 104359825: How long have u been buying gold already?
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