Closed-End Fund Commentaries
Dec 21, 2016
Click here to access Rising Rents Matter More to REITs Than Rising Rates
A quarter-point rate hike may get a lot of attention—but for REITs, it’s not the big story. The big stories are 81 months of job growth, a 9-year low in unemployment and the jolt to economic and inflation forecasts amid the prospect of tax cuts and fiscal spending. And when rents are rising, history shows that REITs can deliver strong returns despite higher interest rates.