Wikinvest Wire

Big percentage gains not what they appear

Saturday, March 14, 2009

Wow! Look at those REITs go! If not for that right-most column in this weekly WSJ summary of asset class moves, you'd think that REIT owners would be quite pleased right now. But, that +21.2 percent move only succeeded in improving last week's 52-week plunge of 62 percent eight percentage points to the current 52-week decline of 54 percent.
IMAGE Boy, the dollar and gold are sure hanging out a lot together lately...


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