"About half of the broad U.S. market is down over 30% from their 52 week highs -for most stocks we’ve already deep in a bear market. It reflects the economic slowdown in process and a Fed tightening cycle," says Christian Ledoux. His stocks to invest in are AT&T (T), Broadcom (AVGO), and PulteGroup (PHM). PHM stock price is down more than 20% in 2022. What does the Fed's interest rate hike mean for the housing market?
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