What if there is no interest rates cut this year ?
Could the Fed change their mind and not do any rate cut this year ? It is possible. First, the question was how many - 2 or 3 then when will they cut , May is out then they said is likely June and now maybe in September......
Reits does not do well in a high interest rates environment and thus explain the reasons why they have fallen from their peak, some 50-60% . Like this MapleTree Pan Asia Reit which is well diversified geographically in Asia and also by sectors.
So, I will be initiating a position today or tomorrow , just a nibble to test the market. No hurry really since macro environment factors change much faster than we expected. If it does rally, lucky me to catch it. If it falls further to 1.10, I hope I will be smart enough to increase my position.
This way, I take away the roller coaster emotional ride of missing the market. It is about buying low and selling high NOT buying the lowest and selling the highest. Let the speculators, traders and experts do that .
Reits does not do well in a high interest rates environment and thus explain the reasons why they have fallen from their peak, some 50-60% . Like this MapleTree Pan Asia Reit which is well diversified geographically in Asia and also by sectors.
So, I will be initiating a position today or tomorrow , just a nibble to test the market. No hurry really since macro environment factors change much faster than we expected. If it does rally, lucky me to catch it. If it falls further to 1.10, I hope I will be smart enough to increase my position.
This way, I take away the roller coaster emotional ride of missing the market. It is about buying low and selling high NOT buying the lowest and selling the highest. Let the speculators, traders and experts do that .
This is positive news for the REITS as now we are talking about when will the first rate cut instead of a possible rate hike as some has been speculating.......