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Saturday, March 09, 2019

Wall Street weekahead: Housing shares dependent on economy easing but not falling | Reuters

Wall Street weekahead: Housing shares dependent on economy easing but not falling | Reuters: The pace of U.S. economic growth may prove to be critical for shares of homebuilders, which have climbed sharply as spring approaches. An easing economy that allows for lower interest rates supports an optimistic outlook for the industry, investors say, but any hints of a sustained downturn could sink shares.