Replies to post #17429 on The Rising Influence of Rising Affluence

[DewDiligence]

What’s good for HD tends to be good for WY (home-improvement spending):

https://www.wsj.com/articles/housing-wont-hammer-home-depot-1542129340

[DewDiligence]

WY’s incoming CEO bought $750K of stock on the open market yesterday:

https://www.sec.gov/Archives/edgar/data/106535/000122520818015524/xslF345X03/doc4.xml

[semi_infinite]

WY - builders have been trying to put in a bottom. WY hits a price alert I placed a while back. 6% dividend now but they have cut that in past recessions.

Re energy. Obvious that utilities will grab increasing share of energy production at expense of FF companies. How fast and whether we are already seeing the impact are questions.

[DewDiligence]

(WY)—Housing market unlikely to be impetus for next US recession:

https://www.nytimes.com/2019/02/19/business/economy/housing-recession.html

[DewDiligence]

WY flattish today; thought it might be down more given the <1.1M (seasonally adjusted) US housing starts in December.