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Carol Pepper, Pepper International president, on the investment reaction to the Federal Reserve’s decision.
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Easy fed policy.
She's got the direct investment reaction to the Fed's move that she says she believes will pay off Carol pepper president of pepper international.
Who invests for multimillionaires and private wealth clients he's here with us an exclusive.
That's right but direct investment reaction to what the Fed has done that's very what it.
Well it's time to look at -- again list -- wealthy individuals.
Clients that I manage money for have been buying real estate at the high end on the private side.
And now all of us can take advantage by starting to look at some of the reits that your getting more and more attractive they've already had an -- -- this year.
But there's a lot -- guy because of the -- the Fed is supporting the real estate market.
Let's not assume everybody knows what -- reaches its a real estate investment trust body.
Law they have to pay some of their profits back through pretty significant dividend that's -- -- investor.
Right and so you're gonna get the benefit of having Natalie dividends but capital appreciation right now shifts of names to look for -- yeah I do in fact I love the Neuberger -- trust -- the reason for that is it's a mixture of thirty or forty -- -- by -- one.
Security you can get exposure to thirty different rates.
I also like the Simon property script -- that's a very very strong REIT.
He deals with high and miles high and retailing and they've just continue to.
So actually -- and I mean this chart that's up 38%.
-- past year it's a very nice move and you feel that the atmosphere is still very conducive.
For names like this to continue to go higher absolutely same pace.
Well we just what -- we hear from the fat we've got low rates until 2015 that's a lot of money sliding around for a long period of time.
That particularly in real estate which has long -- cycles this gives confidence to go ahead and buy.
Look at the construction and -- that if that's almost 70% this year talk about a winner.
And again it still has further to go okay again who would have thought that the construction index would be up this -- and I can actually buy it.
And I share some construction here -- right.
That's right and they're still -- out because it's really just starting to recover what is in something like this another pretty chart.
Another it's a lot of that the companies that contribute to the housing index -- to the construction industry.
Let's talk a little bit about.
Fact that there is so much money sloshing around especially now that the Fed says -- wherein.
Open and having any time somebody says open ended you say okay this is going to be for a -- until things get better effect they -- a clue they wanna see.
Unemployment rates come down more that start with a six and -- -- -- -- -- -- while ago here.
Absolutely.
-- and not only that we have this going on with the other.
Governments of the world we have Japan piling and we had Europe piling into this money is not only sloshing around the US this is a global.
Overflowing water flow of money you just said the key -- Europe and coming up Carol --
