Power Lunch
Power Lunch
CNBC
Rising rates, the housing trade and defense as your best offense. 9/19/22
43 minutes Posted Sep 19, 2022 at 8:01 pm.
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Yields surge ahead of the Fed meeting Wednesday. We’ll break down the impact on different corners of the economy and the market. Plus, the housing trade as the 30-year mortgage rate hits 6.42%. From the builders to lenders to apartment REITs, are some of these beaten down stocks about to turnaround? And the best ‘defensive’ plays in a rising rate environment.