Housing and construction stocks are slowing down after their massive runs.

That includes homebuilders, manufacturers of  appliances and construction materials…
Why?
1) higher rates are, obviously, a minor drag
2) these stocks had massive runs
3) also, the flight to suburbs on WFH theme might be finally over…
That is a healthy thing.
Have a look at the stock of Whirlpool – last 2 years were similar to Tech!
 

Housing and construction stocks are slowing down after their massive runs.

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