TOL

V

vanzandt

Toll Brothers missed on revenue, earnings and guided margins going forward down.
They cited labor and material costs. Orders contracted.

Its not getting any media attention this A.M..... but one can perhaps divine a lot out of this high dollar homebuilder's report.

Inflation is creeping in.
 
I agree and I am worried about the new tax laws hurting the housing market. If mortgage and taxes can't be deducted, it will totally hurt high end builders.
If line of equity can't be deducted, then HD will lose a lot of business.
 
vanzandt said:
The real gist of the above post was that I think in their report lies the harbinger that inflation is slowly and sneakedly working its way into the broader economic picture.

Inflation cometh.
More...
Imagine that.
 
vanzandt said:
The real gist of the above post was that I think in their report lies the harbinger that inflation is slowly and sneakedly working its way into the broader economic picture.
Inflation cometh.
More...

Not to be a Soes.... but I warned about this 4 months ago when nobody was talking about it.
Lets see what happens tonight and tomorrow with earnings.
We may get a big sell-off on good earnings depending what they say, "they" being a dozen different big companies reporting tonight and tomorrow. A little multiple contraction.
 
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