It's very brief at the beginning of this clip, but yesterday Jim Cramer talked about REITs being "on fire" and disagrees with a story from two days ago in the Wall Street Journal that talked about the REIT rally facing some challenges. He skirts answering the question about commercial real estate's fundamentals. He instead centers on the idea that commercial real estate stocks have been rising steadily for months and that these are the "facts" that we should be focusing on. He later says the papers are "dead wrong" on commercial real estate in reference to the spate of "commercial real estate is the next shoe to drop" stories.
0 comments
Hide comments