On Tuesday, the S&P 500 fell into a bear market with stocks falling more 20% Monday and Tuesday.
At the same time, the 30-year fixed mortgage crossed 6% for the first time since 2008, sending mortgage applications to a 22-year low.
The idea of a recession is getting stronger and stronger, but construction stocks are showing strong strength throughout this time.
Could construction stocks be a safe bet for investors to shed some risk?
Listen to this week's Walkthrough Wednesday to find out.
Construction Dive: https://www.constructiondive.com/news/commercial-construction-bear-market-good-stocks/625516/
Construction Dive: https://www.constructiondive.com/news/abc-chief-economist-anirban-basu-recession-later-this-year-or-2023/625578/
AGC Data Digest: https://constructioncitizen.com/blog/agc-data-digest-june-6-14-2022/2206151
Follow us at https://linktr.ee/billd to stay up to date on the latest and great news in commercial construction
If you have a burning question that you would like answered on the show, send us an email at 'email@example.com'