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Tech Wreck, Bitcoin Bucking the Trend, Buy the Builders? 7/24/24

The Exchange

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Bitcoin, Housing Market, and Luxury Stocks

The chapter delves into Trump's potential action on Bitcoin, Harris' absence, and bipartisan views on the cryptocurrency, then segues into news updates on various topics. It shifts to an in-depth discussion on the housing market, addressing new home sales, high mortgage rates, and affordability concerns amidst a rally in the sector. The final segment covers the impact of millennials on housing demand, potential growth for homebuilders, and the negative effect on luxury stocks like Carring, along with insights into Ford's upcoming earnings report and the stock perspectives of Southwest and American airlines.

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