Consumer companies could steal the spotlight as markets look to assess the health of the economy amid renewed inflation fears.
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Consumer companies could steal the spotlight as markets look to assess the health of the economy amid renewed inflation fears.
Whirlpool (NYSE:WHR) CEO Marc Bitzer is making one of the bluntest recession comparisons of this earnings cycle. According to the Morning Brew Daily podcast segment covering the company’s Q1 results, CEO Bitzer told investors: “This level of industry decline is similar to what we have observed during the global financial crisis and even higher than ... Whirlpool’s CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis
The Home Depot, Inc. (NYSE:HD) was one of the stocks on which Jim Cramer shared his take, explaining that dot-com analogies do not hold up in this market. Cramer noted that the stock performs well during a rate cut and vice versa, as he remarked: Okay, so let’s go to retail. Consider Home Depot… This […]
Wall Street shares were set for a mixed start on Wednesday as investors prepare to wait for news from Donald Trump’s visit to China. Stock futures pointed in different directions ahead of the opening bell, with Dow Jones futures down 114 points or 0.2% at 49,755, while S&P 500 futures...