cheap REITS that have been smashed on fears of CR from higher...

cheap REITS that have been smashed on fears of CR from higher yields (gearing average for ASX or lower), this isn't GFC, most REITs unlikely to breach covenant and REITs are relatively defensive (except SGP but it's crazy cheap and gearing % is below average), i think yields are topping out and REITs have huge upside. some dirt cheap miners that have been smashed (various metals, except iron), but only a little in those they are high risk even after getting crushed. coles, a very high quality defensive that's dropped a lot, might get lucky and pick it up at the january lows. staying far far away from very high p/e long duration healthcare/tech names that keep on pretending the 10 year yield is below 2%, absolutely mind boggling those stocks, completely ignoring yields and trading near 2022 peak levels while rest of market dumps down the drain. some tech and healthcare names that have dumped very hard look like they have more to drop based on fundamentals, so staying away from healthcare/tech sector altogether.

not chasing the energy rally. they are cheap still, but russia/ukraine might end any day. + big recession risk, energy stocks haven't discounted for recession at all.