Sep. 12 at 6:35 PM
$TLT Yields slid, so TLT floated higher—basic bond math.
#RKT Rocket Lab beat the quarter with enough to look “better than expected.” It bought Redfin, which means mashing together real estate traffic with an equally interest-rate-sensitive mortgage business. Analysts are already hyping rate cuts.
Bank of America upgraded the stock, hiking the target from
$21 to
$24. The case is simple: falling rates juice both purchase & refinance volumes. The Mr. Cooper deal comes with the usual promise of half a billion in “synergies.” Add in
$200M in Redfin synergy fairy dust & an 11% bump to 2026 EPS estimates.
