Brian Stewart

certain chips to certain countries. So there might be questions asked in the earnings conference call about that. So that would be interesting to look at. And then just in a totally different sector, Home Depot and Lowe's are both reporting next week. The Home Depot especially saw a lot of strength in the second half of last year, but has been choppy lately. And

certain chips to certain countries. So there might be questions asked in the earnings conference call about that. So that would be interesting to look at. And then just in a totally different sector, Home Depot and Lowe's are both reporting next week. The Home Depot especially saw a lot of strength in the second half of last year, but has been choppy lately. And

certain chips to certain countries. So there might be questions asked in the earnings conference call about that. So that would be interesting to look at. And then just in a totally different sector, Home Depot and Lowe's are both reporting next week. The Home Depot especially saw a lot of strength in the second half of last year, but has been choppy lately. And

A lot of that is concerns about the housing market with interest rates going up and the price of loans going up. But this could go either way for Home Depot if housing stock is getting older because home building is slowing down and its home equity loans become more expensive. So people can't pay to hire a contractor to come do their addition.

A lot of that is concerns about the housing market with interest rates going up and the price of loans going up. But this could go either way for Home Depot if housing stock is getting older because home building is slowing down and its home equity loans become more expensive. So people can't pay to hire a contractor to come do their addition.

A lot of that is concerns about the housing market with interest rates going up and the price of loans going up. But this could go either way for Home Depot if housing stock is getting older because home building is slowing down and its home equity loans become more expensive. So people can't pay to hire a contractor to come do their addition.

You might see more do-it-yourself kind of upgrades in houses, which... would benefit Home Depot. So I would look at their commentary, both about the housing market in general and just how consumers are responding.

You might see more do-it-yourself kind of upgrades in houses, which... would benefit Home Depot. So I would look at their commentary, both about the housing market in general and just how consumers are responding.

You might see more do-it-yourself kind of upgrades in houses, which... would benefit Home Depot. So I would look at their commentary, both about the housing market in general and just how consumers are responding.

So Walmart was down after its earnings, down about 6%. The outlook was cautious. So I think the worry there was that the consumer in general is starting to slow spending. You and I talked last week about how Walmart might benefit from people... replacing some of their purchases with lower cost things.

So Walmart was down after its earnings, down about 6%. The outlook was cautious. So I think the worry there was that the consumer in general is starting to slow spending. You and I talked last week about how Walmart might benefit from people... replacing some of their purchases with lower cost things.

So Walmart was down after its earnings, down about 6%. The outlook was cautious. So I think the worry there was that the consumer in general is starting to slow spending. You and I talked last week about how Walmart might benefit from people... replacing some of their purchases with lower cost things.

As they move down the cost spectrum, that Walmart might be the beneficiary, kind of where people land as they start squeezing their budget. However, if they're having trouble grabbing customers, even in the sort of high inflationary environment, that might be a sign that people have stopped spending in general. So I think there's an eye on the consumer.

As they move down the cost spectrum, that Walmart might be the beneficiary, kind of where people land as they start squeezing their budget. However, if they're having trouble grabbing customers, even in the sort of high inflationary environment, that might be a sign that people have stopped spending in general. So I think there's an eye on the consumer.

As they move down the cost spectrum, that Walmart might be the beneficiary, kind of where people land as they start squeezing their budget. However, if they're having trouble grabbing customers, even in the sort of high inflationary environment, that might be a sign that people have stopped spending in general. So I think there's an eye on the consumer.

The recent economic news has been relatively strong, jobs report and so forth. Next week, the GDP report is coming out. That's backward looking. It's a revised data for the previous quarter. So that's not going to be any new information. But I do think that Walmart can act as kind of an economic indicator in itself. And it shows a little bit of worry.

The recent economic news has been relatively strong, jobs report and so forth. Next week, the GDP report is coming out. That's backward looking. It's a revised data for the previous quarter. So that's not going to be any new information. But I do think that Walmart can act as kind of an economic indicator in itself. And it shows a little bit of worry.

The recent economic news has been relatively strong, jobs report and so forth. Next week, the GDP report is coming out. That's backward looking. It's a revised data for the previous quarter. So that's not going to be any new information. But I do think that Walmart can act as kind of an economic indicator in itself. And it shows a little bit of worry.

on investors part and on corporate executives part about how much the consumer is going to hold it up.

on investors part and on corporate executives part about how much the consumer is going to hold it up.