Home Wrecker

Published on
August 2nd, 2018
13 minutes

Home Wrecker

Trade Ideas ·
Featuring Mark Newton

Published on: August 2nd, 2018 • Duration: 13 minutes

Technical analyst Mark Newton of Newton Advisors says more pain is on the horizon for the U.S. housing market. In this interview with Brian Price, Mark explains why this development will drive shares of the world’s largest flooring company sharply lower. Filmed on July 31, 2018.


  • CH
    Colin H.
    31 August 2018 @ 17:50
    Opened a short on this one today.
  • RR
    Robert R.
    2 August 2018 @ 22:39
    A pullback in housing prices would be a good thing. Many potential Buyers are on the sidelines. Inventory is the problem.
  • SB
    Stephen B.
    2 August 2018 @ 15:35
    I do not understand how commentators still refer to the FED language on inflation, jobs etc as if we live in normal times. Surely that is simply cover for the real 800lb gorilla in the room - the Treasuries borrowing requirement this year (at $0.75T) plus the winding down of the FED's balance sheet (another potential $0.5T) plus accelerating sell off's by foreign CB's in T Bills? An unprecedented scale of borrowing which, so far, has only been possible because of lower rates in Japan and Europe and a reasonably stable US$ (i.e. no one is going to lend at 3% if they are losing on the currency by > 3%). Which suggests that the despite the language the primary indicators that the FED will have to react to are the value of the dollar and the bond market?