Home Depot Is Priced for a Housing Bust—But Its Earnings Tell a More Resilient Story

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‼️ 🏠 Home Depot Is Priced for a Housing Recession. Its Earnings Say Something Less Bearish

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Fed’s Paulson: “Hasn’t Gotten Worse” Isn’t Good Enough—More Hikes on the Table

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‼️ Philadelphia Fed President Anna Paulson said Thursday that further rate hikes may be needed to bring inflation back to target, warning in prepared remarks at a fintech conference in her home district that underlying inflation trends remain worrying—coming just a week after the FOMC raised rates by a quarter point—and noting that “the best I can say about underlying inflation this year is that it hasn’t gotten worse.”