Simon Property Group: Further Stock Price Recovery Is Uncertain
SPGSimon Property(SPG) Seeking Alpha·2024-06-29 05:22
jetcityimage The decline in interest rates that has fueled an interest in REITs like Simon Property Group, Inc. (NYSE:SPG). But that trend, in general, has paused. That pause will likely continue until the Federal Reserve feels comfortable resuming the downtrend. For the rest of the current fiscal year, that appears to be unlikely. Therefore, the stock may be caught in a relative trading range for at least the rest of the year and maybe longer.  Lastly, the first quarter was off to a great comparison an ...