Risky. Hard to cover risk being long.
The markets are convinced Trump will all but guarantee the upside, but it sure feels crowded. Equities are too close to highs, interest rates are rising, and long everything is the overall condition.
Real estate has too many weak longs. While there are extremely tight supplies in various areas of the mid west and north east, the catalog of inventory held by hedge funds and real estate companies is staggering. They are starting of offer out a larger portion of their holdings onto the market. Rents, the driver of it all, are starting to show larger vacancy rates.