There’s Some Irony In This Sector
Tim Knight | Nov 11, 2016 02:40AM ET
Given the fact our forthcoming president is a real estate mogul, it’s amusing that the industry most vulnerable to a big price drop is, in fact, real estate (I’ve already witnessed it here in the Silicon Valley, where prices started slipping this summer).
Back on October 21st, before the election, I suggested ProShares UltraShort Real Estate (NYSE:SRS) as a buy. It’s up about 13% in that very short amount of time, and I think there’s plenty more to come.
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