The S&P 500 has experienced a broad rally over the last three months, but not every sector has participated in the uptrend. In fact, some sectors have been struggling in the face of stiff headwinds from regulators and macroenvironmental factors.
Homebuilders have yet to join the market rally because the housing market remains stifled by high mortgage rates, rising construction costs, and a price growth contagion emanating out of previously hot markets.
