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the death of retailng and the death of malls

Posted by Richard640 @ 10:51 on June 3, 2020  
talk of the death of retailng and the death of malls has been going on at least 10-15 yrs…and I believe in that thesis…I have been watching Simon properties for a long time and have been amazed at how strong it has been….in 2016 it was about $220…now with public hyper awareness of infection—not just to covid…there were 50 million flu cases in the u.s. last year—I can’t see the malls ever recovering to their pre-covid level…all of which makes my jaw drop in wonder today seeing simon up $8.0 today
SIMON PROPERTIES
71.47+8.02 (+12.64%)

As of 10:49AM EDT. Market open

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.