TAKEN OUT TREND LINE

The Nov trend line has been taken out convincingly lets see how things develop from here:

 

US RESIDENTIAL RENTS

Take a look at this incredible story, yet Apartment REITs held up strongly.

Something doesn’t add up.

 

WESTFIELD IS TOAST

The chart on Westfield looks really weak, I think this baby is toast, I am still a believer on a relative basis in the A-REITs excl WDC.