Taking the Measure of Consumer Spending at Home Depot
Description
This week, we're grabbing our toolboxes and heading to Home Depot. The home improvement retailer is expected to report earnings on Tuesday. Jinjoo Lee, who covers big retailers for The Wall Street Journal’s Heard on the Street column, joins guest host Telis Demos to talk about how the housing market, consumer spending and supply chains all play an integral role in Home Depot’s success. We’re also turning our attention to two upcoming reports on inflation to take a deeper look at what they mean for corporate profits. Nick Colas, co-founder of market analysis services company DataTrek Research, joins us to talk about how the potential of slowing inflation can affect a company's spending and earnings. Plus, we’ve also got expected earnings from Target and Walmart this week. We'll examine what their different stock journeys tell us about the American consumer.
Further Reading
U.S. Home Prices Rose to Record in August
How Slowing Inflation Can Hit Corporate Profits
For more coverage of the markets and your investments, head to WSJ.com.
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