Hey dad, I am off to do some shopping...

This one comes from Trader Mark:

Of course mall based REITs are among the best performers of the past few months as everything (and the sun) is "priced in". And the Federal Reserve is now expanding TALF to allow nearly every loan under the sun to be shielded from reality.

Commercial real estate is saved by the FED and the analysts, upgrading all REITS were they can lay their hands on.
In the mean time malls – the real American Idol – are emptying faster than I can hand out pocket money to my children. And believe me, they have a hole in both hands.
Tenants are fleeing, the industry’s woes are worsening and consumers are changing their spending practices.

What will the future bring? Sphere: Related Content