Inflation Is Persistent / Housing Market Recovery

We are on the side that inflation is a persistent problem and it's not going to go away, says Michael Shaoul of Marketfield Asset Management. Home builders are determined to protect margin, he says. June home construction indicated a steady pick up in the supply of single family homes, he adds. Many units under construction represent the backlog rather than true availability, he explains. He thinks the homebuilders still look reasonably valued based on their future earnings potential.

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Inflation Is Persistent / Housing Market Recovery

We are on the side that inflation is a persistent problem and it's not going to go away, says Michael Shaoul of Marketfield Asset Management. Home builders are determined to protect margin, he says. June home construction indicated a steady pick up in the supply of single family homes, he adds. Many units under construction represent the backlog rather than true availability, he explains. He thinks the homebuilders still look reasonably valued based on their future earnings potential.

ON AIR
7:00 am
Futures
12:00 am
Your First Trade
REPLAY
1:00 am
Fast Market
REPLAY
2:00 am
Virtual Trade
REPLAY
2:30 am
Virtual Trade
REPLAY
3:00 am
Virtual Trade
REPLAY
3:30 am
Virtual Trade
REPLAY
4:00 am
Market Overtime
REPLAY
4:30 am
Fast Market
REPLAY
5:30 am
Your First Trade
REPLAY
6:30 am
Market Overtime
REPLAY
ON AIR
7:00 am
Futures
8:00 am
Morning Trade Live
10:00 am
Fast Market
11:00 am
Your First Trade
12:00 pm
The Watch List
1:00 pm
Mid-Day Trade
1:30 pm
MID-DAY Movers
2:00 pm
Market On Close
4:00 pm
Market Overtime
4:30 pm
Fast Market
REPLAY
5:30 pm
Your First Trade
REPLAY
6:30 pm
Market Overtime
REPLAY
7:00 pm
Fast Market
REPLAY
8:00 pm
Your First Trade
REPLAY
9:00 pm
Market Overtime
REPLAY
9:30 pm
Fast Market
REPLAY
10:30 pm
Your First Trade
REPLAY
11:30 pm
Market Overtime
REPLAY

Get Market Minute

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