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Lowe’s and The Home Depot . . .

…Depot (-3.8%) and Lowe’s (-3.6%) persisted due to a sluggish housing market and other economic headwinds.  Zooming into the monthly data shows that YoY traffic to the chains improved somewhat in March 2025…

Tales from Two Experts

…in response to weakening labor market data, have all indicated a rate cut. The Fed must now choose between following the correct economic policy or risk surprising markets (and its…

Felix Salmon comments on media bias

…or “pessimism” in a market-report headline, that’s code for “the market fell and we don’t know why”, or alternatively “the market is volatile and yet we feel the need to…