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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...
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Mar 10, 2026 / Ashes of Pompeii
What if Iran Says No?
Rumors persist that the Trump administration is actively seeking an off-ramp to the escalating conflict with Iran. The prevailing assumption within certain circles of the White House is that Tehran, having sustained serious damage from recent military strikes, would welcome a cessation of hostilities. This calculation, however, rests on a dangerous misreading of Iranian resolve, […]
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May 22, 2026 / Tyler Durden
No Wonder Men Are Opting Out
No Wonder Men Are Opting Out
Authored by Bettina Arndt via DailySceptic.org,
The warning signs have been there for decades.
Back in 1983, American author Barbara Ehrenreich wrote a powerful book — The Hearts of Men: American Dreams and the Flight from Commitment — arguing that a male revolt was underway. Since the 1950s, she suggested, men had begun rebelling against the breadwinner ethic, inspired by Playboy culture, the counterculture and a desire for personal freedom. They were rejecting the cultural ideology that had shamed them into tying the knot and becoming a good provider, lest they...
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Feb 21, 2026 / Tyler Durden
Deporting Censorship: US Targets UK Government Ally Over Free Speech
Deporting Censorship: US Targets UK Government Ally Over Free Speech
Authored by Paul D. Thacker via RealClearInvestigations,
As ICE sweeps in Minneapolis have drawn wide attention, a little-noticed immigration case playing out in a New York federal court has significant implications for America’s relationship with Britain and the ongoing debate over global censorship.
In late December, the State Department announced its intention to revoke the visas of five foreign individuals who have allegedly censored Americans. The most consequential member of this group is Imran Ahmed, a British Labour Party political operative now...
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