The spread between the 10-year treasury and the 30-year mortgage rate is completely out of whack right now. We own Horton, Lenard, NVR, three of the five largest home builders. There are 92 million millennials out there and most of them would like to buy a house if they could get a mortgage below 6%.
Bloomberg Intelligence Senior Analyst Poonam Goyal and Zachary Warring, Analyst at CFRA Research, break down Lululemon earnings and outlook. Worldreader CEO David Risher talks about becoming the new CEO of Lyft. Bryan Fairbanks, CEO of Trex, discusses the business of sustainable decking. And we Drive to the Close with Bill Smead, CIO at Smead Capital Management.
Hosts: Doug Krizner and Jess Menton. Producer: Paul Brennan.
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