Weekly Performance Checkpoint
【SRT】
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$CSOP S-REITs INDEX ETF (SRT.SG)$’s gains last week were due to industrial, data center and retail by subsectors and KDCREIT, CLAR, and MINT by individual REITs. The 3 REITs gained after Macquarie resumed their coverage with an outperform rating.
【MMF】
– Markets are pricing in fewer rate cuts since November’s FOMC meeting. Bloomberg Economics predicts a rate cut by the Fed in eit...
Azzvia : REITs have been under selling pressure. Worse than before the rate cut.
FinanceCalculus : yes. before any rate in dec 2023 and july 2024 reits can surge 15% on possibility of rate cuts. Now it is almost 100% sure (tomorrow another a very likely 0.25% cut) of 1% (ONE!!!) cut in total but it is at its all time low. i am humbled by stocks logic.
FinanceCalculus : may be recession is knocking the door. an info that i do not know but is happening