This could be a substantial bottom in $VNQ here, worth monitoring at the very least. I have no position here, but tracking thee main ETFs and top 30 market cap stocks at all times, as well as my own watchlist for my long term account, and my screening tool output. Sentiment has been quite bad, and we had a rapid worsening of financial conditions for home buyers, akin to that of 1982, which is a very dramatic move, affordability wise. Let's see how this evolves, I'm thinking bond yields and mortgage rates will likely start to come down hard from here onwards as well, so naturally, Real Estate will breathe some fresh air.
Cheers,
Ivan Labrie.
Cheers,
Ivan Labrie.
ความคิดเห็น:
So far so good...
