Dec 12
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"Homebuilders are at the core of the macro situation. The priority for the Federal Reserve is to get inflation under control. Mortgage rates have moved up with astonishing speed. Builder stocks fell 32% peak to trough in 19 tightening cycles since 1969. Comparisons to 2008 would be exaggerated at this stage," says Jan Szilagyi.
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Dec 12
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