How August Jobs Data Could Set The Stage For A Homebuilder ETF Rally
1. U.S. job growth fell drastically, signaling economic stagnation. 2. Federal Reserve rate cuts expected, boosting borrowing affordability. 3. ITB surged 2.4% post-job report, indicating increased interest in housing. 4. Lower mortgage rates could revive housing demand amid affordability issues. 5. Housing ETFs expected to outperform amid broader economic slowdown.