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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (23801)8/10/1998 9:28:00 PM
From: Bonnie Bear  Read Replies (2) of 94695
 
Bill: explanation of REITs and the Russell:
most REITs are microcap or smallcap- so they fit in the Russell universe of stocks. The Russell is dominated by REITs, microcap banks, small regional utilities, small services and a few techs. I don't have the #s but I suspect the average dividend yield of the russell index is much higher than the S&P or Dow. The russell stocks are quite a bit cheaper now adjusted for interest rates than they were ten years ago. REITs are still going down...portends a glut in industrial real estate?
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