Positive Outlook for REIT Dividend Stocks in 2024 =============== #328e32df ver:0.11 RBC Capital Markets has published its first-ever global real estate outlook for 2024, expecting 'healthy returns' for Canadian and U.S. REITs. The report highlights several parallel themes that will likely influence returns in both markets, including a shift to monetary policy easing, stabilizing yields, and sector fund flows. RBC's top picks include COLD, DIR, FR (Canadian and US industrial), CSH, VTR (Canadian and US seniors housing/healthcare), KMP (Canadian multi-family), TCN (US single-family rental), and MHC (US manufactured housing). The report also mentions that REITs tend to perform well in slower growth environments and ahead of initial rate cuts. BMO senior economist Sal Guatieri notes the significant increase in Canada's population compared to the U.S., driven by immigration an... #newstr #Reit #DividendStocks #RealEstateInvestmentTrust #UsEconomy #InterestRates
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US Market Rally Broadens as Investors Seek Winners Beyond Tech Giants =============== #1dc04428 ver:0.19 The US stock market rally is showing signs of broadening as investors shift their focus beyond the mega-cap tech stocks that have been driving gains. A more reassuring economic outlook and dovish signals from the Federal Reserve have prompted investors to seek winners in sectors such as financials, industrials, and energy, which are outperforming the S&P 500's year-to-date gain of 9.7%. This broader rally indicates that market leadership is becoming less concentrated and less susceptible to a correction. The Magnificent Seven tech stocks, including Nvidia and Meta Platforms (formerly Facebook), have been responsible for a significant portion of the S&P 500's gain so far this year. However, the rally in other sectors such as financials, industrials, and energy is reducing the dominance of ... #newstr #UsStockMarket #TechGiants #FederalReserve #Inflation #EconomicGrowth
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