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we heard off the top Jamie Diamond and short saying he doesnamp;#39;t think that the fedamp;#39;s uh rate hikes matter much on a grander scale but they certainly impact housing the home builder stocks are trading lower today adding to their declines over the past week for more on his take uh on the housing sector letamp;#39;s bring in Stephen Kim heamp;#39;s senior managing director of homebuilding equity research at evercore isi Stephen it was not a pretty period for the homeb Builder it turns out they hate lower interest rates well theyamp;#39;ve actually moved up quite nicely over the last few months here actually the last month or so so we actually have had a very nice uh positive reaction to the lower rates frankly though I think that we have a lot more to come because right now what weamp;#39;re seeing on the in on the ground is that uh in 2q earnings uh weamp;#39;re hearing that June really wasnamp;#39;t a great month July probably wasnamp;#39;t that great either uh bas
