TRADE ALERT - Core & Retirement Portfolio March 2026
Quick Reminder:
I am excited to announce that we will be hosting our second live Q&A webinar, exclusively for subscribers of High Yield Landlord.
This is your opportunity to connect directly, ask questions, and dive deeper into REITs, real estate, and anything else we cover in the newsletter.
Event Details
Format: Live Zoom Q&A
Date & time: Wednesday 04/01/2026 at 1PM EST
Spots available: Only 300 — first come, first served
How It Works
You will be able to ask questions live in the Zoom chat during the session
You can also leave your questions in the comment section below in advance — I will try to answer as many as possible
If you cannot attend live, I will post a recording afterward for all subscribers
Reserve Your Spot
Due to limitations in our Zoom plan, we can only accommodate 300 participants for the live session.
If you would like to attend live, please reserve your spot as soon as possible — click here to register.
Looking forward to seeing many of you there!
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TRADE ALERT - Core & Retirement Portfolio March 2026
The market has recently suffered a sell-off following the outbreak of war with Iran. Investors are increasingly concerned that a spike in oil prices could reignite inflation, pushing long-term interest rates higher.
This has already begun to play out.
Long-term yields have moved up, and this has had an outsized impact on companies with long-duration cash flows and or higher leverage. As a result, many REITs have pulled back sharply, with some down 20% or more over the past month or two.
But as we explain in our recent Market Update, while this is clearly a risk, we believe its long-term impact will likely be limited, and the current sell-off is creating an opportunity.
You can read why by clicking here.
In short, while oil prices have spiked, the broader inflation backdrop remains favorable. Shelter inflation, which makes up the largest component of CPI, continues to trend lower, and real-time rent data suggests further disinflation ahead. Even if oil temporarily pushes CPI higher, the impact is likely to be more modest than the market appears to expect and ultimately transitory.
Moreover, $100+ oil is unlikely to persist over the long term. Higher prices incentivize increased production, governments are already tapping strategic reserves, and elevated gasoline prices will gradually erode demand. Both the EIA and futures markets expect oil prices to decline meaningfully over the coming year.
In our view, the market is overreacting to a short-term shock, and for this reason, we are using this pullback to add slightly to the following positions:
