While this is less upside than equities have enjoyed in falling rate environments, and some of the equity duration models result in falling asset prices as the discount rate rises, the reality is results can vary. (indexologyblog.com)
Warren Buffet has done a good job, as an example, but he bet on basically one secular theme (the rise of the US financial sector in the long - term falling rate environment) and has a very significant overweight on the sector which will be his Achilles» heel (if he lives long enough) when the secular trend ends. (greaterfool.ca)
A low rate or falling rate environment tends to expand the net interest margins of mREITs, while a rising rate environment tends to shrink their margins. (fool.com)