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
Market Commentary | February 27, 2024
What was Old is New Again
No one would describe me as a rabid football fan and I’ve never gambled in a casino, but I somehow could not avoid getting swept up in all the hoopla leading up to Super Bowl LVIII in Las Vegas earlier this month.
read moreThe State of REITs: February 2024 Edition
The REIT sector had a rough start to 2024 with a -5.72% total return in January. Large cap REITs (-4.79%) outperformed their smaller peers in January. Micro cap REITs (-8.39%) averaged the steepest declines. Only 9.55% of REIT securities had a positive total return in...
read moreMarket Commentary | January 24, 2024
Present and Ready
Last Thursday and Friday CPI and PPI reports were encouraging in demonstrating that inflation is moderating, but the battle against inflation continues. Inflation is our perpetual enemy because it erodes consumer purchasing power.
read moreThe State of REITs: January 2024 Edition
REIT Performance
The REIT sector followed up a strong November performance (+9.50%) with an even better December (+11.40%). The average REIT total return in December far exceeded that of the broader market with more than double the return of the NASDAQ (+5.6%), Dow Jones Industrial Average (+4.9%) and S&P 500 (4.5%).
read moreREIT Total Return Portfolio Analysis Heading into 2024
Opportunities on the Horizon
The start of the new year marks a great time to update our portfolio’s strategy and positions. There are certain aspects of the 2nd Market Capital REIT Total Return Portfolio (RTR) that are unlikely to change as they are rooted in our philosophy:
read moreThe January Effect: How to take advantage
The January effect refers to the market’s tendency to rise in January. Of course, it does not always go up in January, but it tends to be more likely to go up more often or by a larger amount such that the month over long stretches of time tends to outperform. At an...
read moreMarket Commentary | December 19, 2023
Inflection Point The Federal Reserve’s December 12th press conference bore a pale resemblance to a declaration of victory in its battle against inflation and marked a pivotal point in monetary policy. Quickly ensued a parade of pundits predicting when and by how much...
read moreThe State of REITs: December 2023 Edition
The REIT sector averaged a +9.50% total return in November but remains in negative territory year to date (-2.27%). Large cap REITs (+11.54%) outperformed again in November. Micro caps (+3.30%) finally had a month in the black, but continue to badly underperform their...
read moreThe State of REITs: November 2023 Edition
REITs averaged a -5.31% total return in October and have now fallen to a double-digit negative total return year to date (-10.46 %). Large cap REITs (-2.24%) outperformed their smaller peers in October. Micro caps (-11.32%) extended their streak of severe...
read moreMarket Commentary | November 22, 2023
Pass the Dramamine
In January, I will begin my 41st year as an investment advisor. That tenure should lend credence to my observation that interest rate volatility has never been more dizzying.
read moreContact Us
2nd Market Capital Advisory Corp
650 N. High Point Road
Madison, WI 53717
(608) 833-7793 - phone
info@2ndmarketcapital.com