Australia, NZ dlrs falter, rate tests loom
The Australian and New Zealand dollars weakened on Monday, with mixed China factory surveys offering little cheer, as traders looked ahead to the rate decisions from their central banks this week. ...
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The Australian and New Zealand dollars weakened on Monday, with mixed China factory surveys offering little cheer, as traders looked ahead to the rate decisions from their central banks this week. ...
September was an ugly month for real estate investment trust (REIT) investors. Statements from the September Federal Open Markets Committee (FOMC) meeting confirming another rate hike in 2023, high interest rates for longer and fewer cuts in 2024 triggered a brutal across-the-board REIT sell-off. Although the last two days of September were positive, many of the stalwart REIT leaders, such as Realty Income Corp. (NYSE:O), Mid-America Apartment Communities Inc. (NYSE:MAA), SBA Communications Corp
A fit population would have different habits that could ripple through the economy and eventually be felt by the real estate industry, Jefferies predicts.
It's never easy to figure out Wall Street, where bad news can be good for stocks or vice versa. Sometimes a stock can be flying high, only to have a well-known analyst spoil the party with a downgrade. The reverse also is true, as was the case this week with some healthcare real estate investment trusts (REITs). Over the past three trading days, healthcare REITs have been the worst-performing REIT subsector. Six healthcare REITs lost between 4% and 11.5%. Eleven more healthcare REITs are also in