2017-03-14 — caseyresearch.com
I'm not talking about the housing market. I'm talking about retail real estate... 334 malls are "at high risk of closing." That's about a third of the nation's malls.
... The world's biggest REIT is in trouble. Today's chart shows the performance of Simon Property Group (SPG). Simon owns or has an ownership interest in 190 million square feet of mall floor space. You can see its stock has plunged 26% since August. It's now trading at its lowest level since October 2014.
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