2021-03-29

Real Estate Update

Rates didn't keep rising and now real estate is coming up on old highs. If a topping process is underway, with Nasdaq perhaps already topped, it's likely REITs could achieve a new all-time highs along with other "defensive" sectors before the broader market finally tops later this year. Not a trade that interests me. In the very short-term, perhaps a test of that resistance.

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