Singapore stocks experienced a mixed performance in 2024, with banks benefiting from higher interest rates while REITs struggled due to increased borrowing costs. Although the Fed has initiated rate cuts, the slower pace of reductions suggests a prolonged period of higher interest rates, impacting the performance of banks and REITs differently. While banks appear overvalued, REITs offer potential for a turnaround, but investors should exercise caution and conduct thorough due diligence before making investment decisions.
Opinion:
Nice insights. Agree with most points. Imo, REITs is a better buy than banks.
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