The economic rebound from the 2008 recession is a rising tide that doesn’t necessarily lift all boats. Several sectors are showing mixed-blessing results, including credit card lending, retail, manufacturing, real estate and some financial sectors.
Could the election of Donald Trump have unanticipated impacts on the federal tax code’s benefits favoring homeownership over renting?
U.S. housing starts rose more than expected in June as construction activity increased broadly, but a downward revision to the prior month’s data pointed to a housing sector treading water in the second quarter.
