DR Horton: The Fantasy of Interest Rate Cuts is Getting US Home Builders Started. The Stock has a P/E ratio of 10!

In the USA, the fantasy of interest rate cuts is increasing. There could be four steps instead of two this year because Donald Trump's trade policy is stifling the economy. This would be positive for home builders as it eases financing conditions for households. The dream of home ownership lives on and would lead to higher demand. DR Horton (DHI) is one of the largest US home builders focused on affordable houses. Recently, the net order intake was at a stable level of $6.7 billion or 17,837 homes. Lower interest rates could have a positive impact...