NEW YORK - Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data and Federal Reserve speakers next week are likely to help shape the outlook.
This week, U.S. 30-year Treasury yields fell to a record low below 2%, while benchmark 10-year yields declined to a three-year trough as trade tensions linger and global economic growth continues to slow. Strategists said that could bode well for homebuilders and the housing market, which has been struggling because of land and labor shortages.
“Lower interest rates lead to lower mortgage rates lead to increased demand for homebuilders,” he said. “You counter that with potential concerns that, if a recession is coming, even if rates are at historically low levels, demand for everything is going to be somewhat mitigated.”
Thank you, Reuters, finally someone is talking about this...the whole trade wars...they lead to economic crisis forcing feds to lower the interest rates to keep the economy in balance...and who was upset last time when the interest rates went up? Right. I hope ppl get it now.
Ok
Just because you believe in “god/allah” doesn’t give you rights above my rights...
And water is wet
مصر أحدث الأخبار, مصر عناوين
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