The sharp decline in housing stocks on higher rates is way overdone, top analyst says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

While the higher end of the housing market has softened, the lower end remains strong, Evercore ISI housing analyst Stephen Kim says.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nada. Rates are still going up. Higher prices make housing unaffordable. Builders not building what the average American can afford. Tax bill reducing the advantages of owning. Nuff said.

The market can stay irrational a lot longer than you can stay solvent.

has analyst looked at new home sales in USA ? its now below where it was during the Bill Clinton presidency and dropping

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Fear of higher interest rates and a potential recession are driving stocks down, expert saysAriel Investment's John Rogers explains why he's optimistic about markets right now and gives his recommendations on how to find value in the sell-off. DO NOT believe these ppl... they said 'BUY THE DIP' on every other correction / crash. Stay focused on one thing... EndTheFed These banksters have caused this.
Source: CNBC - 🏆 12. / 72 Read more »

Higher tariffs and higher interest rates are setting stocks up for a rough 2019: CramerJim Cramer attributes the stock market's weakness to President Donald Trump and the Federal Reserve's 'toxic' policies. Strong pic choice. Can we now say the Trump bump is over... Not even infrastructure week can save us... Two years building up my E Trade account and it gets wiped out in a few weeks.
Source: CNBC - 🏆 12. / 72 Read more »

Facebook Is the Top Pick Among Large Internet Stocks, Analyst SaysFacebook stock climbed Monday after a Deutsche Bank report called the social networking company the top large internet stock with an “extremely attractive” valuation. barronsonline Agree but I think MySpace deserves a look as well barronsonline lifelog will be gone soon barronsonline Yes, but the problem is the company’s value could go down. $FB
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. Stocks Open Higher After Sharp Selloff on Wall StreetThe Dow and S&P both rose as global stocks wavered following a drop on Wall Street at the start of the week amid rising anxieties about the health of global economic growth. Democrats are purposely tanking the market. 401k's taking big hit. Once China ends the trade war they started things will settle Stocks rise because major corporations are spending billions in tax relief on share buy backs not on increased wages or capital expenditures . Just another poor example of GOP trickle down economics that has never worked coupled with a huge deficit . Good work Donny SAD
Source: WSJ - 🏆 98. / 63 Read more »

These 2 shocks will jolt stocks higher — and 15 smart ways to prepare for that moveThese 2 shocks will jolt stocks higher, says Michael Brush. Here are 15 smart ways to prepare for that move
Source: MarketWatch - 🏆 3. / 97 Read more »

A historically accurate stock market indicator says selling has gotten way overdone — and it could be signaling a sharp rebound to comeA key technical indicator for stocks has reached a level that's historically preceded sharp rebounds. This is good news for stock bulls as they navigate what's been a rough couple of weeks in the market.
Source: BusinessInsider - 🏆 729. / 51 Read more »