Daily Archives: May 9, 2016

US REITs Surged Last Week As Emerging-Market Stocks Tumbled

Markets delivered widely divergent performance results last week, based on a set of proxy ETFs. US real estate investment trusts (VNQ) surged 4.6% for the five trading days through May 6, posting the strongest total return by far among the major asset classes. Meanwhile, emerging market stocks (VWO)–the worst performer–tumbled a hefty 4.2% last week in total return terms.
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Initial Guidance | 9 May 2016

● US economy adds fewest number of jobs in 7 months in Apr | USA Today
● Wall St gives up on June rate hike after soft jobs report | Reuters
● Market is skeptical of US 2% inflation target | Econobrowser
● China stocks plunge as hopes for economic recovery fade | Reuters
● Global economic growth remains weak at start of Q2 | Markit
● German Factory Orders Recover In March | RTT