Can the Housing Stocks Keep Rallying?
- We could be in for several quiet days as we wait for Chairman Powell’s speech in Jackson Hole (on Friday). However, every time we say something like this, the stock market seems to see a decent sized move in one direction or the other.
- Lower mortgage rates have not helped the Housing Starts data. Will it help the home sales data? Whether it does or not could/should be very important for the housing sector…AND for the general economy as well.
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