Home Depot is in Trouble
Lumber prices are going to severely hurt HD
Currently low interest rates will keep demand high enough to keep lumber high
The average homeowner has largely crossed HD off their shopping trip as they wait for prices to normalize. This lack of regular business is going to bring HD down sharply if lumber remains inflated.
Watch the numbers the next couple of quarters, things are going to get ugly.
Currently low interest rates will keep demand high enough to keep lumber high
The average homeowner has largely crossed HD off their shopping trip as they wait for prices to normalize. This lack of regular business is going to bring HD down sharply if lumber remains inflated.
Watch the numbers the next couple of quarters, things are going to get ugly.
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