Just as investors began to worry that another government shutdown could derail more key economic reports, cooler heads prevailed in Washington. Lawmakers reached a temporary funding deal late last week that virtually ensures the Bureau of Labor Statistics will stay open. That means the crucial January jobs report will be released on Friday as scheduled….Read more
Lower Guidance As the world’s largest home improvement supplier, Home Depot (HD) has real insight into how Americans are feeling about spending money. That’s why economists were concerned when the company lowered its sales guidance for the rest of the year. During the company’s latest earnings call, executives noted that while the company’s long-term fundamentals…Read more
