It is the 30th of March 2017

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Keeping It Real

This post has to do with something which may seem like an oxymoron: integrity in financial prognostications. What inspired me to address this topic? Oh, that's easy:

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Mega-Bears Smell Blood As REITs Tumble

While many have blamed today's spike in yields for the broader underperformance of the REIT sector, which sent the Bloomberg North American REIT index down 1.4%, its biggest one-day drop since December in a widespread selloff across all property sectors with 194 of the 214 stocks in the index lower today, it's more than just the jump in rates that is slamming the rate-sensitive sector.

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FBI Director Asked DOJ To Publicly Reject Trump Wiretapping Claims

In the latest dramatic plot twist to emerge from Trump's accusation that Obama wiretapped the Trump Tower prior to the election, the NYT reports that FBI director James Comey asked the Justice Department this weekend to publicly reject President Trump’s allegation that Obama eavesdropped on the soon-to-be president. According to the NYT, which cites senior American officials, Comey has argued that the "highly charged claim" is false and must be corrected as there is no evidence to back them up, but the DOJ has not yet released any such statement.

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