Sep 30, 2014

Homebuilding Stocks In A Bear Market

It`s done. You can a fork in this housing recovery. And the homebuilders stocks are showing you. Again, one or two year lows! The Dow Jones Industrials is over 17,000 points, everybody talking about a recovery and the homebuilders are in a bear market. They don`t even see the recovery. How can you have a recovery without the housing sector?

Related stocks: The Ryland Group (RYL), Lennar Corporation (LEN), KB Home (NYSE:KBH), SPDR S&P Homebuilders (ETF) (XHB)

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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