SentimentEdge report

Jason Goepfert

8-20-2020 at 1:25 pm

Homebuilders have never been more optimistic despite high costs

Homebuilding stocks recovered quickly from the pandemic panic, and sentiment has followed. A survey of homebuilders just recorded its most optimistic reading ever, which has precede trouble for their stock prices. This comes as optimism on one of their major inputs is nearing record highs as well.

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