It’s often said that change is the only constant, and I couldn’t agree more. While 2017 is shaping up very well in the world of REITs – thanks in large part to good fundamentals – change is on the horizon.
A new presidential administration always brings with it new policies; the Trump administration is no different. President Trump has a clear focus on infrastructure spending as one way to stimulate the economy, and he also wants tax cuts. My job is to predict how these changes could play out. Today I’ll focus on REITs and the effect of higher interest rates. Do we view that as a headwind? An accelerator? A reason to rally?
In the video below, I dive into those topics and dissect the conversation further by analyzing the sectors within REITs and by country.
The opinions expressed are those of Steve Brown and are no guarantee of the future performance of any American Century Investments portfolio. For educational use only. This information is not intended to serve as investment advice.