REITs have been rather defensive through 2019 as Asian equities battled with trade wars.
Most of us thought they were defensive enough that the price would not drop like a stone. Well, we were a little bit wrong.
Since 19 Feb 2020, the United States market has been spooked now that the people in the United States and Europe realize that Hey! This Corvid 19 Virus will have a big impact on us as well!
S&P 500 index for the past year. Notice the fall from 19th Feb till todayEurope and the United States have the sharpest 1-week fall in prices in its history for the past week.
The S&P 500 went down -12%. For the month, the index hit a historical high and now it is down -9.6%.Monthly -10% returns, which 9.6% is closed to on the S&P 500 are rare. From 1926 to the end of...