01-08-2015, 11:45 PM
(01-07-2015, 04:04 PM)hendi_alex Wrote: Lots of talk about rising fed rates, but not so much talk about the fact that rates will likely stay historically low for many years to come.
That is one reason that I started easing back into property REITs.
I reviewed the latest FOMC transcript and found no commitment to any date for raising rates, contrary to the article headline which mentioned April. They reiterated that their decision will be data driven. Full stop.
The TIPS market is also signalling that long rates are expected to remain low for at least a decade.
I have been waiting for Mr Market to give me better entry prices on equity REITs. No such luck. I have a large IRA rollover that I have been holding mostly in cash, and today's market action, along with the TIPS market, spurred me to start putting that money to work.