Post by
SNAKEYBOY on Sep 19, 2023 12:36pm
At my witts end
Guys man, ever since March regional banking massacre these reits have been scraping the barrel. Rallies exhaust in record time and bend over in a blink of an eye. While treasury yields and inflation and crude are on a parabolic uptrend. If I was central banks, I would at least be asking the question, "is what we're doing even working?". Rates take credit for inflation going down, but when it goes back up its a mystery, or need more hikes. Like Mr Evanstandour, a very respectful investor, cites "cyclical bottom" doesnt mean there's not a lot more downside in the REIT trade before it turns.
We really need a liquidation event. I never thought it would come down to Samir pulling the impossible. But here we are.
Comment by
SNAKEYBOY on Sep 19, 2023 1:48pm
I own all REITS! ON HUGE MARGIN! I am the REIT guru!
Comment by
Income on Sep 19, 2023 1:56pm
Ah. That explains explains the constant anxiety in your posts