“Just imagine
what stocks
would have done
if the Fed hadn’t
cut rates.”
July 29 through August 2, 2019
Index to Statistics
•
M
Utilities weren’t the only S&P
500 sector to survive last week’s market
tumult in positive territory. Real estate
stocks—mainly real estate investment
trusts—rose 2.05%, compared with 0.25%
for utilities. The other nine S&P 500 sec-
tors took losses amid worries over the es-
calating trade war with China. On Thurs-
day, with the S&P 500 index down 0.9%,
the FTSE Nareit All Equity REITs index
fell fractionally. But many REITs have a
domestic focus, which helps insulate them
from global volatility. Among the REIT
subsectors that held up that day were
health care, up 0.69%; self-storage, which
gained 1.5%; and data centers, which re-
turned 3.2%.
The Trader
Midcycle Bust
A rate cut and tariffs,
and it’s the ’70s again. 3
European Trader
Experian Rises on
Clouds of Data
The info-services firm
looks beyond finance. 6
Emerging Markets
Why It’s Time to
Buy South Korea
Stocks are trading at
post-2008 levels. 6
The Striking Price
Trading a Nervous
Tech Market
Playing a downside put
on a crowded sector. 7
Commodities Corner
It’s All Downhill
For Iron Ore
Prices will fall as supply
revives, demand slips. 9
The Activist Spotlight
Rockin’ Red Robin
Sell to us, says Vintage,
or to someone else. 11
Milton Glaser
Our Founder
Clarence Barron