Finance Monthly April 2020 Edition

IS THE US COMMERCIAL REAL ESTATE MARKET ABOUT TO COLLAPSE AGAIN? On 25th March, the Vanguard US Real estate index fund $VNQ hit $60. The last time it was at this level was in September 2008, right at the beginning of the Great Recession. Kaloyan Stoychev 15.00% 0.00% -15.00% -30.00% Jan ’20 Feb ‘20 Mar ‘20 -24.45% -33.15% Vanguard Real Estate ETF Price % Change SPDR® S&P 500 ETF Trust Price % Change BUSINESS & ECONOMY - US COMMERCIAL REAL ESTATE MARKET 40 www.finance-monthly.com