{"id":542424,"date":"2010-04-23T14:44:00","date_gmt":"2010-04-23T18:44:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/goldman-the-markets-view-2010-4"},"modified":"2010-04-23T14:44:00","modified_gmt":"2010-04-23T18:44:00","slug":"goldman-the-reits-rally-just-died-and-commodity-stocks-were-creamed-as-well","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/542424","title":{"rendered":"Goldman: The REITs Rally Just Died And Commodity Stocks Were Creamed As Well"},"content":{"rendered":"<p>Wow, these industry performance tables from a Goldman &#8216;Wavefront Market Monitor&#8217; piece show how the REITs rally was put to an end lately. Office and retail REITs fell last week, underperforming the S&amp;P 500 (SPX):<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bd1e8427f8b9aff14ad0100\/chart.png\" border=\"0\" alt=\"Chart\" \/><\/p>\n<p>Note that commodities related industries such as steel and mining were creamed as well.<\/p>\n<p>Now contrast the above table vs. the three month performance table below. Residential REITs are the top performer in the 3-month chart below, but aren&#8217;t even on the map for performance in the chart above. Also, office and retail REITs weren&#8217;t doing so badly before. Thus there&#8217;s been a big relative performance change for the REITs space.<\/p>\n<p>In fact, overall Industry performance over the last three months (below) has changed a lot in the most recent week (above).<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bd1e8577f8b9af011230400\/chart.png\" border=\"0\" alt=\"Chart\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/goldman-the-markets-view-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/MvflX2azxAU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wow, these industry performance tables from a Goldman &#8216;Wavefront Market Monitor&#8217; piece show how the REITs rally was put to an end lately. Office and retail REITs fell last week, underperforming the S&amp;P 500 (SPX): Note that commodities related industries such as steel and mining were creamed as well. Now contrast the above table vs. [&hellip;]<\/p>\n","protected":false},"author":6205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-542424","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/542424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6205"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=542424"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/542424\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=542424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=542424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=542424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}