I'd think with PHM forcasting good sales that KB will soon follow it up
Yes I took that ride until I realized that Merritt and company was filled with lawyers who were getting paid received options and bonuses while we stockholders got the shaft.Finally I left and no longer will invest here.
So we get a below job number and THEY still are expecting a rate hike????I'm thinking the number didn't matter THEY are going to raise rates regardless due to big bank pressure.
unless the politics win..the banks,insurance companies pressuring the FED to raise even though geopolitics don't support it.USA has no inflation even on horizon..oil prices can't rise due to oversupply and cheaper extraction methods.Add in the switching to wind,solar and electric..OPEC up a creek with no paddle.Oil to stay in $30-$50 range for years to come.
What KBH did during downturn was to buy land which they are now building on.