Trump situation seems risky to home builders. He is talking about providing land, but it is probably in rural areas where there are hardly any jobs, and thus nobody wants to live there. Also talking mass deportation which would lower housing demand you would think. Finally tariffs on everything would increase building costs for a lot of materials that are imported, and probably inflation too.
Finally he Seems to be planning mass sackings in the gov - so that might create some uncertainty. Have to see if he wins congress first.
If the Democrats control the house - then we have a low gov spending period coming hopefully. Usually that happens with divided gov in the US. Might be good for interest rates?
JHX Price at posting:
$53.35 Sentiment: Hold Disclosure: Held
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