Yes folks, retail property is the next domino

Tuesday, 29 January 2019

Via Chanticleer today:

In the final six months of the year, as a violent correction shook global markets and the ASX 200 fell 5.4 per cent, many of Australia’s retail REITs took off.

…But last week, Vicinity provided what some in the market are seeing as either a canary in the coal mine for the sector, or at least another marker in its slow-motion car crash.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.