Breakout Earnings: 3 REITs Poised To Profit

Henrik Sorensen “Jobs Report Should Put a Jumbo Fed Rate Cut on the Table” is what Bloomberg’s Jonathan Levin wrote after the surprisingly poor nonfarm payroll numbers hit the wire. The markets were surprised by the highest unemployment rate in almost three years, as the rate jumped to 4.3%, up from 4.1% in June. This beat the estimates of all 69 economists that were surveyed by Bloomberg. While 4.3% is still a low number (it’s 6.0% in Germany), the rate of change matters. According to the Sahm Rule, th ...