Bond yields jumped yesterday…and it sure seems like they’re going to stay very high in comparison to the past 10-15 years. So, we’re surprised that stock investors are still quite complacent in response to the level of interest rates (and the crisis in the Middle East). One stock group that is less complacent is the economically sensitive homebuilders…which are testing a key support level.
You don't have access to this post on The Maley Report at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.
This post is for subscribers on the Before the Open and All-Access tiers only