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Jurrien Timmer highlights a shift in market trends by noting that REITs have become the new leaders on the leaderboard.
Timmer draws a parallel to gold in 2025, referencing how gold was previously the top performer despite having a negative correlation with the S&P 500 index. He points out that REITs now exhibit a similar negative correlation pattern and questions whether REITs could be viewed as the new gold in the current market environment.
Timmer has previously commented on Bitcoin’s support levels, indicating the cryptocurrency may be entering an accumulation phase as the price nears $60,000 and its power law support. He has also compared S&P 500 price trends to those seen in 1999, noting much lower tech sector P/E ratios now than in 2000. These observations reflect his ongoing focus on major asset classes and valuation trends.