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HomeStockDP Trading Room: Mortgage Rates Hit Multiyear High — Who Goes Bankrupt First?

DP Trading Room: Mortgage Rates Hit Multiyear High — Who Goes Bankrupt First?

In this week’s edition of The DecisionPoint Trading Room, Carl discusses the war’s effect on the market and looks closer at the effects of high mortgage rates, which have hit multiyear highs. These are pinching not only buyers, but sellers and homebuilders. Afterwards, he goes deeper into the Utilities sector. Erin piggybacks on a recent Seeking Alpha poll regarding which of four retailers are likely to go bankrupt first; she looks at the charts and gives you the results. They then finish with taking your symbol requests.

This video was originally recorded on October 16, 2023. Click this link to watch on YouTube.

New episodes of The DecisionPoint Trading Room premiere on the StockCharts TV YouTube channel on Mondays. Past videos will be available to watch here. Sign up to attend the trading room live Mondays at 12pm ET by clicking here!