'Energy and lumber' are home builders' primary concerns around Canadian tariffs: Taylor Morrison CEO
Portfolio Pulse from
Sheryl Palmer, CEO of Taylor Morrison, discusses the impact of Canadian tariffs on the home builders market, highlighting energy and lumber as primary concerns. She also touches on home buying trends and mortgage rates.
November 26, 2024 | 11:15 pm
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Taylor Morrison CEO Sheryl Palmer identifies energy and lumber as primary concerns due to Canadian tariffs, which could impact the company's costs and pricing strategies.
The CEO's comments suggest that Canadian tariffs on energy and lumber are significant concerns for Taylor Morrison, potentially increasing costs and affecting profitability. This could lead to a negative short-term impact on TMHC's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80