Not just property stocks, reits and other stocks are sluggish too. The market is worried about FED cutting rates at slow pace and US bond yield has moved up. As long as US continues to cut rates, regardless slow or fast, it will still lower the refinance costs next year. Ultimately, stocks will rise when more rates are cut. Let’s be patient
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
ValueBull
:
REITS cannot benefit immediately from a rate cut as many of them stupidly went to lock in rates last year in response to retail shareholders expressing concerns over high interest rates
ValueBull : REITS cannot benefit immediately from a rate cut as many of them stupidly went to lock in rates last year in response to retail shareholders expressing concerns over high interest rates