REITs Remain On Naughty List
Portfolio Pulse from
U.S. equity markets rebounded with the S&P 500 and Nasdaq 100 showing gains, while real estate equities, including REITs, underperformed due to the Fed's hawkish stance. Interest rates reached seven-month highs amid strong retail and travel demand.
December 29, 2024 | 2:30 pm
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BBRE, a real estate ETF, continues to underperform as real estate equities lag due to the Fed's hawkish pivot and rising interest rates.
The article highlights the underperformance of real estate equities, including REITs, due to the Fed's hawkish stance and rising interest rates. BBRE, being a real estate ETF, is directly impacted by these factors, leading to its continued underperformance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80