PontusTrader

REI REIT index is identical to 2008, impending drop coming

Short
DJ:REIT   Dow Jones Equity All Reit tr
If you take a look at the behaviour of the REI index before, during, and after the 2008 recession and present day. The REIT is in blue, the S&P500 is in red.

Before
  • REI index is outpacing the S&P500

During
  • REI index is converging with the S&P500
  • the indices both fell together with the REI falling more aggressively

After
  • REI index recovers quicker and begins to outpace the S&P500 again

We are in the during phase.
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