XHB: Assessing Risks That Are Unique To The Trump Administration
Portfolio Pulse from
The re-election of Donald Trump in the 2024 Presidential Election led to a short-term boost in major stock market indices. However, the SPDR S&P Homebuilders ETF (XHB) declined due to concerns over tariffs and economic policies affecting housing affordability.
November 07, 2024 | 6:30 pm
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NEGATIVE IMPACT
The SPDR S&P Homebuilders ETF (XHB) declined despite a market surge due to concerns over tariffs and economic policies impacting housing affordability.
The XHB ETF, which provides exposure to the homebuilding sector, is negatively impacted by concerns over tariffs and economic policies under Trump's administration. These factors are expected to affect housing affordability, leading to a decline in the ETF despite a general market surge.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100