@MichaelAArouet And why Germany is to blame for the title of a documentary? The Filmmaker can express an idiotic and "woke" idea, but that's not the country's view..
@borrowed_ideas When I turned 18 (it was 2002), I started actively investing following technical analysisβ¦ if I just put some money in an ETF, I will now have at least double my net worthβ¦
Stocks Slump β’ Yields Surge β’ REIT Earnings
https://t.co/lUmGP944c1
U.S. equity markets slumped Thursday while benchmark interest rates surged on the heels of continued tightening actions from the ECB and BOJ alongside US GDP data showing continued economic resilience.
Pressured by the jump in interest rates, real estate equities were the laggards today, despite a solid slate of earnings results over the past 24 hours. Equity REITs slipped 2.2%.
On the upside today, NYC-focused office REITΒ Empire State Realty (ESRT) rallied 4% after reporting surprisingly strong results and raising its full-year FFO outlook.