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Why the Weak Housing Market Is a Threat to the Broader Economy — Barrons.com

By Shaina MishkinAs long-term bond yields spiked Tuesday morning, Apollo's chief economist issued a dire message about the weak housing market's impact on the economy and stocks.High mortgage rates and home prices have quashed buyer demand, Apollo Chief Economist Torsten Sløk wrote in a Tuesday not…

APOLLOHOSPDHILENPHM

By Shaina MishkinAs long-term bond yields spiked Tuesday morning, Apollo's chief economist issued a dire message about the weak housing market's impact on the economy and stocks.High mortgage rates and home prices have quashed buyer demand, Apollo Chief Economist Torsten Sløk wrote in a Tuesday not…