With homebuilding stocks down 40%, investors hope the Fed gets the message and slows rate hikes

Did we really think we’d be staying in a zero rate environment forever?

If home building stocks need historic low interest rates to maintain, it is an unsustainable business model. People built and purchased existing houses with interest rates 3-4x as high in the past. These ARE extremely low rates.

Such a strong economy! So strong, that even 5% mortgage rates are shocking the hell out of the housing market. So strong!

Adjust that chart above vs sales, complete different story line

It’s not the Feds Job to worry stocks

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here’s where investors are taking shelter from stock market turmoil and Fed hikesInvestors are flocking to the short-end of the bond market as money managers declare it one of the safest places to shield themselves from the Fed’s rate increases and geopolitical jitters roiling markets
Source: MarketWatch - 🏆 3. / 97 Read more »