Hikes Heard ‘Round the World, Unsurprisingly Horrible, and Shrinking Shrink 6/22/23
The Exchange
00:00
The Next Day Curse for the IPO Market
Bob Bassani reports from the New York Stock Exchange Sealhead are existing home sales now bottoming following the gangbuster performance of newly built homes this year we'll dig into the data and this home builder hitting an all-time high today. Bob is to why they haven't seized this market opportunity well the cynics will say okay nice Bob you got three companies they're good 300 million that's a lot but they're niche players the big guys that really have a lot at stake here are hesitant because they're worried about the recent rise in interest rates, he says.
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