Sentiment Hits News Today

Despite the Federal Reserve's easing stance on monetary policy and cooling inflation rates, housing prices are up significantly, sparking an affordability crisis. While mortgage rates have dropped lately, they still hover near record-high levels, causing homebuilders to remain bearish. The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) fell by six points to 34 last month, marking the fourth consecutive month of declines. Homebuilder sentiment stands at the lowe...

A Theres only one way to know when a market has moved on from a crisis... Its not necessarily after the crisis is over, either. Instead, its when a market completely erases the losses it endured from the terrible event. Im talking about when a market breaks back out to new highs. This simple measure is the market telling us that what used to be a concern isnt anymore. That happened for the U.S. market in August 2020. And the S&P 500 has rallied double digits since then. But many global markets ...