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NAHB Homebuilder Market Index Plunges To Covid-lows Of 31 As Fed Tightens – Investment Watch

by IWB
December 19, 2022
in Investing
Reading Time: 1 min read
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by confoundedinterest17

Ain’t this a kick in the … head.

Rising mortgage rates courtesy of The Federal Reserve’s tightening to fight Bidenflation has led to a Covid-level plunge in the NAHB Homebuilder Market Index.

Everything seems to be going down with a sinking M2 Money growth.

And today, the 10-year US Treasury yield is up over 10 bps. Watch out mortgage rates!

 

 



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Tags: CovidlowsFedHomebuilderindexInvestmentMarketNAHBplungestightensWatch
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