Yahoo Finance Live's Seana Smith and Dave Briggs examine KB Home's stock ahead of its earnings report tomorrow amid economic pressures being felt in the housing market, home prices, and inventory.
Greetings, I am Peter Kweon, Head of IR at KB Financial Group. Following the rate hike expectations on NIM improvement drove rise in banking sector share prices, though temporarily, but with the spread of the delta variant and concerns around peak out of economic momentum and early tapering in the U.S., uncertainties, both internal and external, are adding up.