REIT Outlook?
Recently there was a hike in treasury bond yields due to the promising labor statistics that were released last week. How do you guys think this bodes for most REITs? I think the labor statistics were a little misleading and over estimate demand and GDP growth moving forward because a huge percent of the population is still underemployed. My outlook is hold/sell, leaning towards sell based on the opportunity cost considering the general bull market.
They are doing well, in fact, to well. I believe they are in for a correction in 2015 or 16.
The BLS labor reports are a pile of shit. The "real" unemployment is hovering around 10% and just b/c so many Americans are lazy and decided they no longer will be looking for positions, doesn't mean they should be discarded from the labor force.
Voluptatem architecto ex voluptas id sit unde ut. Facilis laborum quia quasi repellendus nam. Quae odio totam repellat sed fugiat quos iste labore. Repudiandae omnis accusamus dignissimos vitae vel esse.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...