High Interest Rates Dampen Demand Across Industries Reliant on Consumer Financing
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Junk mail companies like Quad/Graphics are seeing reduced print volume due to economic uncertainty, postal rate hikes, and high interest rates impacting clients in areas like financial services.
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Homebuilders like Tri Pointe Homes are benefiting from demand fueled by low housing supply, as high mortgage rates deter existing homeowners from selling.
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Lenders like Provident Financial are seeing reduced real estate investor activity but increased demand for adjustable rate mortgages.
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Motorboat makers like Malibu Boats report customers gravitating to cash purchases rather than financing boats.
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Medical device companies like Inmode expect doctors to think twice about cosmetic equipment purchases that require financing at high interest rates.