![]() ![]() This led to more consumers going to Home Depot and buying the necessary supplies to complete their projects, therefore leading to increased sales. Since consumers were spending more time at home, they now had the time and attention to take on more home improvement products. The company added over $40 billion in sales from 2020-2021, which is equal to the growth achieved in the nine years from 2009-2018. Home Depot saw huge growth during the COVID-19 pandemic due to lockdowns causing consumers to spend more time at home. The COVID-19 Pandemic Tailwinds are Fading Because of all of this, and the current share price of the stock, investors may want to reconsider jumping into Home Depot's stock. ![]() All of these issues may cause economy to head into a recession, leading to less spending on durable goods. Furthermore, the developing issues with the housing market will likely also cause trouble for the company's fundamentals. Uncertainties regarding the future of disposable income and a higher savings rate could also cause the company to experience an even worse slowdown. However, the fading pandemic is bringing demand for Home Depot's products with it and this has caused the company's stock to drop over 30% YTD. With consumers being stuck at home and cash-rich from stimulus checks, Home Depot began selling more goods for higher prices. Home Depot ( NYSE: HD) was one of the best winners during the COVID-19 pandemic. ![]() Just wanted to hear your thoughts on this guy.M. I really hate shitting on other artists but when it looks like this and FEELS like this I can't help venting.Īlso, being an artist that does YouTube I know how freaking long videos take to make and I know that if I was selling enough art to fly private jets then I would probably concentrate making as much of that work as possible, maybe, I dunno. ![]() Maybe by painting this fake reality those mega rich LA types are dumb enough to buy his shit? His video shows stuff like painting on HERMES bags worth 15k. Maybe all the stuff in the instagram is rented. His house seems like a house that has been 'created' for this show and I'm starting to think that he is trying to make himself into the artworlds Kardashian. First up his studio doesn't feel genuinely lived in and his art is terrible so I don't know who's collecting it. He's started a YouTube channel and something is off. He is a 'graffiti' artist that paints Scrooge McDuck and The Monopoly Man (I just googled his name and it's Rich Uncle Pennybags apparently), he has massive amounts of Instagram followers posting pics of himself with his Instagram Influencer GF travelling the world in private jets and and having a multitude of bling and fancy cars etc. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |