Although it's way too early to declare the current rally in the stock market is dead, we simply can not ignore the fact that the major averages are now leading, while leading stocks are lagging (exactly opposite of what
occurs in a healthy market).
Experts label such transactions as anomalies and argue the deals mirror a strategy
occurring in healthier markets: Investors pay high prices and accept lower yields in return for well - located buildings filled with low - risk, long - term credit tenants.
Not exact matches
The
market's 10 % correction
in early February - which we believe was simply a
healthy release of
market excesses - serves as a good reminder to investors that corrections do
occur from time to time.
Of course, none of this is to say a bear
market can't
occur, but overall, a
healthy earnings environment has kept valuations from approaching the levels that marked the peak back
in 2000.
Without sugar - coating reality, there is some good news: These foreclosures are
occurring in relatively
healthy local
markets, with solid economic activity and job growth, improving the prospects of the properties selling without too much delay.