The More REITs Drop, The More I Buy

peshkov Co-produced by Austin Rogers  We seem to be in the midst of the last stand of the Federal Reserve's "higher for longer" narrative. A recent rebound in Treasury yields, hot GDP number, and strong jobs market report have spurred a selloff in real estate investment trusts ("REITs") (VNQ) as well as other interest rate sensitive sectors like utilities (XLU) and regional banks (KRE). Data by YCharts Moreover, Fed chairman Jerome Powell indicated in the January Fed meeting that rate cuts beginning in  ...