Justin Lahart

speaker

1,185 appearances 22 recordings 1 series first heard Jul 2017 last heard Dec 2024

Justin Lahart’s voice in public audio — every appearance, attributed to the second.

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Appearances

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WSJ Your Money Briefing · Housing Recovery: Why New Home Sales Are Lagging · 16 Jul 2018 podcast

And it's you know, there's just a much bigger barrier to entry to get into the business than before. matched

There's some things that are changing, too, just with the land costs are high. matched

And it seems like one of the things the public builders, especially the biggest public builders, are doing is figuring out ways to generate profits on that home sale away from buying land really cheap from the farmer and then having an expensive house built on it. matched

They're figuring out other ways to generate profits and more standardization. matched

Homes are built pretty much the same way now that they were 30, 40, 50, 60 years ago. matched

Not a lot of productivity in that sector. matched

So we might be seeing a change where there's more standardization and maybe a little less labor-intensive innovation, if you will, in the home building industry, which would be a big change. matched

Thank you. matched

WSJ Your Money Briefing · Q2 Corporate Earnings: Is 'Good' Good Enough? · 10 Jul 2018 podcast

I mean, it's really good.

I think, you know, what's been happening, there's been a lot of talk on Wall Street lately about an earnings deceleration so that the peak of growth was probably in the first quarter.

And that's probably true.

And it'll probably earnings growth will continue to deteriorate, you know, definitely next year.

Once the the tax cut effects that really boosted earnings lately kind of calendar out.

And that's a concern for people on Wall Street, because when earnings growth accelerates, it makes for a challenging environment for the market.

But the thing is, is if you worry too much about it decelerating, you might miss how good this earnings season is likely to be.

And probably much better than what analysts are, significantly better than what analysts are expecting right now.

Yeah, they always set the bar low.

So you always expect that.

You always expect that earnings are going to be better than what analysts think.

In this case, it looks like they'll be more better.

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