Market Commentary – 4 Reasons to Long REITs in 2017
Summary Real Estate Investment Trusts (IYR) have underperformed S&P 500 (SPY) by about 7% on the back of higher interest rates during second half of 2016. Negative correlation between 10-year Treasury yields and IYR’s performance likely to diminish as real interest rates normalize higher. Strong dividend growth, higher inflation outlook, increased investor demand and positive… Continue reading Market Commentary – 4 Reasons to Long REITs in 2017