2MC publishes news and articles designed to keep investors apprised of happenings in the REIT Sector. From time to time, we may share articles or review books we think may be of interest.
NEWS AND UPDATES
The State of REITs: September 2022 Edition
The REIT sector has endured declines in 6 of the first 8 months of 2022, including a -5.29% total return in August. Micro cap REITs (+6.9%) outperformed in August, while large caps (-5.17%), small caps (-6.65%), and mid caps (-7.51%) declined. Only 15.06% of REIT...
read moreMarket Commentary | September 19, 2022
It seems that in each and every one of the last five months, I’ve performed the same mantra. High inflation. Rising interest rates. Markets sell off.
We are here in September and I’m repeating myself. 8.1% YOY inflation. Interest rates are soaring. The stock and bond markets deflate.
read moreThe State of REITs: August 2022 Edition
The REIT sector has achieved gains in only 2 of the first 7 months of 2022, including a +9.74% total return in July. Small cap (+11.68%) and mid cap (+9.09%) REITs had the greatest total returns, while large caps (+8.72%) and micro caps (+6.73%) saw more modest gains...
read moreMarket Commentary | August 11, 2022
On July 28, the Bureau of Economic Analysis announced that real gross domestic product (GDP) decreased at an annual rate of 0.9 percent in the second quarter of 2022. In the first quarter, real GDP decreased by 1.6 percent. By some definitions, two consecutive quarters of decline signal that the economy is in recession.
read moreMarket Commentary | July 20, 2022
Rotation I have often thought that markets function under similar operating principles to those of a Galileo thermometer. Individual floats (stocks) rise or fall relative to their specific density and the density of the surrounding liquid (markets) as temperature...
read moreThe State of REITs: July 2022 Edition
The REIT sector has fallen in 5 of the first 6 months of 2022, including a -9.44% total return in June. Large-cap (-7.01%) and micro-cap (-9.27%) REITs outperformed, while mid-caps (-9.66%) and small caps (-10.61%) suffered the heaviest losses in June. Only 10.0% of...
read moreREIT Total Return Portfolio Heading into the 2nd half of 2022
We view investing as a constant measure of worth against opportunity cost. The opportunity cost consists of the next best opportunity and is always in flux. In times like today when the entire market has sold off, opportunity cost is high because so many...
read moreMarket Commentary | June 17, 2022
Independent of the Market In the days leading up to the Bureau of Labor Statistics’ June 10th release of the May 2022 Consumer Price Index (CPI), investors crossed their fingers in hope that inflation had peaked and was beginning a retreat. No such luck; the BLS...
read moreThe State of REITs: June 2022 Edition
The REIT sector has fallen in 4 of the first 5 months of 2022, including a -3.51% total return in May. Small-cap (-2.26%) and mid-cap (-3.46%) REITs outperformed, while large caps (-4.48%) and micro caps (-5.82%) saw deeper losses in May. Only 31.18% of REIT...
read moreSwitching to Offense
In our last communication, I profiled a couple of triple net lease REITs, suggesting they would be good defense in an inflationary economy. On May 4th the Fed raised rates by 50 basis points and effectively promised they would make similar moves in each of its next...
read moreContact Us
2nd Market Capital Advisory Corp
650 N. High Point Road
Madison, WI 53717
(608) 833-7793 - phone
(608) 833-5549 - fax
info@2ndmarketcapital.com
