Financial Twilight Zone! Home Builder Stock Surges As Homebuilder Sentiment Slumps

@MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Banking, CMBS, CRE, Credit, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Gold, Housing, Inflation, Mortgage, New Home Sales, Powell, REITs, Silver, SPX, Stocks, Treasuries, Treasury, Uncategorized, Yellen 1 Minute

I feel like we are in the financial Twilight Zone.

Home builder stock prices have surged, while home builder sentiment has plunged.

Of course, The Fed’s endless money printing isn’t helping the supply side of home building.

To make matters worse, pending home sales remain in the doldrums.

Federal Reserve Board member Lisa Cook is an embarrasment for committing mortgage fraud, then refusing to step down. And now she has filed a lawsuit against the Trump Administration for wrongful termination. Typical of an Obama appointee!

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Published by confoundedinterest17

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