Hovnanian Enterprises Class A (HOV)

[Toro Twister]

Powell finally blinked publicly. I've been predicting the supposed hawkish tone was a bit of a shot across the bow to see how the market (bond that is) would react. I would not be shocked if they hold rates in Decemeber and hike twice in 2019. It would still be a touch towards hawkish behavior by the almighty money gods but the market has already priced in 4 hikes so this would be good....especially for homebuyers which also means homebuilders