Home Depot just reported its worst revenue miss in two decades.
Home Depot Plunges After Worst Revenue Miss In 20 Years, Slashes Guidance; Blames Weather, Lumber And Faltering Consumer https://t.co/dp3InCoNRA
— zerohedge (@zerohedge) May 16, 2023
Hilariously, the Jew liar Jim Cramer was recommending Home Depot as a stock buy last week.
Jim Cramer strikes again
Exactly one week ago he was bullish on Home Depot $HD
This morning $HD just reported their worst renevue miss in 20 years pic.twitter.com/V5qHBPhNx2
— Dividend Hero (@HeroDividend) May 16, 2023
This is another indicator of where the economy is going. Lots of people do not have spare money to do various home renovation projects due to inflation and all the other economic problems that are manifesting.
It is only going to get worse. We are seeing more and more cracks in the foundation of this crumbling economy.