Fantastic result and fantastic business. As you point out, the outlook statement is going to set the mood.
Additioanlly this data on Friday is starting to paint a very ugly picture. I suspect the market expects a slowdown, but this is starting to look like a much larger slowdown than was perhaps forecast.
I think REH would have got whacked today regardless based on Friday nights readout.
REH Price at posting:
$27.10 Sentiment: None Disclosure: Not Held
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