Q: If the US pundits are correct and we are moving in a "peak" interest rate world this would bode well for the various forms of accommodation construction. Projections seem to suggest supply will remain tight until mortgage rates ease, and I believe that is likely as we move into the latter half of 2024.

Given that, my first question to you is do you feel that now, or soon, is a reasonable time to look into companies who would benefit from an expanding US housing market? If so, I would be interested in your take on a "top 3" home builders to invest in and then a "top 3" within the home construction supply chain. I already own a couple of lumber producers and am interested in mid-stream suppliers.

Thanks very much; Merry Christmas to you all.

Q: How do think this ETF ( SPGP Invesco S&P 500 GARP ETF) for a long term holding? How does it compare to its peers? Thank you.

Q: Hi,

Home builders seems to be doing well in the U.S. Do you think a housing boom is underway ? Is it too late to invest in the sector ? If you were to invest, which would be your picks for strong growth ? Short term ? Long term ?

Thank you for your most valuable advice,

Jacques IDS