2 REITs To Buy Before Rate Cuts
AVBAvalonBay Communities(AVB) Seeking Alpha·2024-09-02 20:15
Focus_on_Nature/iStock via Getty Images REITs (VNQ) are back in vogue. The market is now finally realizing that it had overreacted to the surge in interest rates and that the "higher for longer" narrative was nothing more than... well... a narrative. The pandemic caused a temporary burst in inflation and interest rates were adjusted higher to fight it off, but they are now rapidly returning to much lower levels. The debt market currently expects 200 basis point lower interest rates in just a year from n ...