Your gateway to a free society
Article
Lowe's CEO Warns Housing Market "Most Difficult" Since Financial Crisis As DIY Project Demand Crumbles
Lowe's CEO Warns Housing Market "Most Difficult" Since Financial Crisis As DIY Project Demand Crumbles
Home improvement retailers such as Home Depot and Lowe's warned this week that consumers remain reluctant to splurge on big-ticket home improvement items, as elevated mortgage rates, high home prices, energy inflation, weakening sentiment, and broader macroeconomic uncertainty weigh on demand.
Let's begin with Home Depot, which on Wednesday reported mixed first-quarter results. At the same time, management said on the conference call that it is not expecting a "marked improvement in underlying demand."
Bernstein analyst Zhihan...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Mar 2, 2026 / Tyler Durden
"Severely Curbed": Gold Shipments Through Dubai Stalled In Wake Of Strikes On Iran
"Severely Curbed": Gold Shipments Through Dubai Stalled In Wake Of Strikes On Iran
Gold shipments through Dubai are set to stall for several days after airlines suspended flights amid U.S. and Israeli strikes on Iran and Tehran’s response, according to three industry sources and Reuters.
Because gold is typically transported by air for security and insurance reasons, the cancellations are expected to sharply limit physical flows.
Reuters writes that Dubai is a key supplier to Switzerland, Hong Kong and India. Sources said the broader impact on global supply will depend on how long the...
Read more
Jul 22, 2026 / Tyler Durden
BritCard Is Dead: Burnham Kills Starmer's £1.8 Billion Digital ID To Pay For An Energy Tax Cut
BritCard Is Dead: Burnham Kills Starmer's £1.8 Billion Digital ID To Pay For An Energy Tax Cut
Ten months ago Keir Starmer warned that anyone without a government digital ID "will not be able to work in the United Kingdom." On Tuesday - day two of the Burnham premiership - the scheme was formally killed off.
It wasn't the nearly 2.9 million people who signed the petition. It wasn't the civil liberties groups who dragged it through Parliament. It died because the new Prime Minister needed £1.8 billion to scrap VAT...
Read more
Jun 23, 2026 / Tyler Durden
The Myth Of Price Controls
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?