Best of Bloomberg Intelligence (05/17/2022)

The video discusses the contrasting performances of Walmart and Home Depot, highlighting consumer behavior differences. Home Depot benefits from discretionary spending, while Walmart faces challenges with lower-income consumers shifting focus to essentials. Supply issues and cost management are also discussed, with Walmart experiencing self-inflicted problems. The housing market's impact on Home Depot is explored, emphasizing the tale of two consumer groups.

What were the surprising results for Home Depot and Walmart in the recent analysis?

How does the consumer demographic differ between Home Depot and Walmart according to the discussion?

What impact is the housing market having on Home Depot's business?

What shift in consumer spending behavior is noted in the analysis regarding Walmart?

What are the signs of demand destruction observed in Walmart's consumer base?