The past two days have resulted in quite an amazing activity in particular the resurgent run for Reits as the odds for a rising rate for this year were slashed virtually to zero as a result of further uncertainty due to Brexit. There were even news that the Fed could launch another quantitative easing (QE4) on the back of all these uncertainties.
What has resulted from the news is a flight to safety to Reits as a potential safe haven for investors. It is interesting because the traditional safe haven used to be the gold and treasury bond but demand have been so rampant that investors are running to Reits as an alternative.
If you recall a few years back, the run was somewhat similar to what happened back then in 2013 when Reits were running high to such an amazing level that the spread between the yield it offered ...