Consumer Shows Stress
American Homes 4 Rent(AMH) Seeking Alpha·2024-06-23 13:00
4kodiak Real Estate Weekly Outlook U.S. equity markets climbed to fresh record-highs this week while benchmark interest rates hovered near two-month lows as the "bad news is good news" dynamic persisted, with investors responding favorably to another relatively downbeat slate of economic data, including soft retail sales, slowing home construction activity, and a rise in unemployment claims, which together sent the Citi Economic Surprise Index to the lowest since August 2022. Hoya Capital Posting its ei ...