As Hedgeye subscribers already know, our predictive tracking algorithms are calling for the U.S. economy to transition from Quad 4 (growth and inflation slowing) to Quad 3 later this year (growth slowing, inflation accelerating).
As a result, we view REITs as one of the best long plays in 2019.
“As you go from Quad 4 to Quad 3 in the coming months, REITs is one of the top three places to be,” Hedgeye CEO Keith McCullough explains in the clip above from a recent edition of The Macro Show.
“We’ve been focused on gold and treasuries, but I would start looking to buy things like housing (ITB) and REITs (VNQ) on pullbacks.”
Watch the full clip above for more.