Nothing stays the same forever on Wall Street. Today's hot sector is tomorrow's sector to avoid and vice versa. In April 2020, oil prices were essentially below zero, and today oil is priced at $87.65. One year ago, nobody wanted tech stocks, but the advent of artificial intelligence (AI) changed that in a hurry. Investors who have watched the huge declines in real estate investment trusts (REITs) since the beginning of 2022 can take heart in knowing that as economic or political cycles change,
This past week has been a doozy. We’ve got the usual headwinds piling up, with sticky inflation, a 1-in-3 chance for another Fed interest rate hike this year, and rising bond rates putting pressure on stocks. And if that wasn’t enough, the geopolitical situation has heated up, with a major war in the Middle East as Israel goes to war in retaliation for Hamas’ latest atrocities. But there are opportunities in the market, and investors should not lose hope, despite the headwinds. The strategists a
Despite a challenging macroeconomic outlook, this REIT's portfolio diversity and strong financial positioning make it poised for success, according to Baird.