Don’t Run from REITs, Emerging Markets When Fed Raises Rates
Robert R. Johnson
Fears of a Federal Reserve rate hike have caused the iShares US Real Estate ETF (IYR) to fall over 9% year-to-date. Still, Bob Johnson, CEO of The American College of Financial Services, said historically it is the wrong move to abandon REITs at the start of a tightening cycle. 'REITs are one of those asset classes that has done well during a rising rate environment,' said Johnson, who is a proponent of the Fed raising rates sooner rather than later.
Greenberg, Gregg, "Don’t Run from REITs, Emerging Markets When Fed Raises Rates" (2015). In the News. 223.