Lower Guidance As the world’s largest home improvement supplier, Home Depot (HD) has real insight into how Americans are feeling about spending money. That’s why economists were concerned when the company lowered its sales guidance for the rest of the year. During the company’s latest earnings call, executives noted that while the company’s long-term fundamentals…Read more
Achieving the American Dream, for many, comes down to three things: owning a home, landing a good job, and doing well financially. But it has become harder to tick all of these three boxes. And that has exacerbated the wealth gap in America. Bigger Barriers The barriers to entry in America’s housing market have grown…Read more
Not When, But How Many People may be in the thick of their summer vacations, but there’s no such thing as time off for financial markets. Last week was a prime example of that and judging by what’s on the calendar for this week, we’re likely to get another such reminder. Several economic indicators will…Read more
