This week it's a chart of US REIT ETF Assets Under Management, but basically as a prompt to talk about some previous and upcoming changes to the ubiquitous GICS system. The previous change was implemented in September 2016 and saw the new Real Estate sector split out from financials. Sure enough, this ended up being the top for REITs (although of course as we know that had much more to do with the broader macro trends i.
e. the bottom in bond yields).REITs, GICS Changes, And Tech
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