US housoing market outlook bad, read Toll Bros report.
Big chance of continued interest rate increases in Sept and OCT.
Big chance of dollar depreciation with macro environment, CAD, inflation, weakening economy.
Hate to say it but this could get worse, i am out of my long oppy position today.
Hope i am wrong and this SP has these factored in already but i expected a reversal after a pause in interest rates but not hanging around in hope.
Good luck
RIN
rinker group limited
US housoing market outlook bad, read Toll Bros report.Big chance...
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