The Mortgage Market Suddenly Looks Riskier, Retail Apocalypse Could Send This Retail ETF Into a Bear Market

Some U.S. real estate markets have bounced back strongly since the Great Recession while others have languished. All told, “the recovery is spotty at best.” Now, two new developments are adding risk to the mortgage market.
Retail ETF XRT could be in for a whirl-wind of hurt. We are expecting a 25% clear if the 38 handle is violated with targets 30-34.