Homebuilder sentiment ‘has deteriorated rapidly’ amid rising rates, strategist says

Homebuilder sentiment ‘has deteriorated rapidly’ amid rising rates, strategist says

Yahoo Finance published this video item, entitled “Homebuilder sentiment ‘has deteriorated rapidly’ amid rising rates, strategist says” – below is their description.

#Homebuilder #interestrates #yahoofinance

Charles Schwab Senior Investment Research Manager Kevin Gordon joins Yahoo Finance Live anchors Brad Smith and Brian Sozzi to discuss U.S. mortgage rates, homebuilder sentiment, rate hikes, inflation, market uncertainty, and the outlook for the economy.

Yahoo Finance YouTube Channel

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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