Based on their performance today, you’d think the Great Recession is over and everybody and their dog will be spending the weekend at the Mall, wallet in hand.
This mall REIT stupidity cannot last. Or can it? As Keynes was once quoted, “the market can stay irrational longer than (speculators) can stay solvent”. Or, something to that effect.
I had a gift handed to me today, up 6.48% in the REIT strategy, in spite of the SRS meltdown today. Odd, no?
Check out my post in The PPT for the numbers.
Enjoy your weekend.
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