The Most Favorable Spring Setup in 132 Years. Then Trump Started a War.
Home Depot and Lowe's just caught the strongest spring weather tailwind in 132 years. Whether they can outrun a trade war and a shooting war is another question
Last week, I laid out the tension defining Q1 retail: a historically strong weather signal colliding head-on with a macro headwind nobody asked for. Today, NOAA released the March data. The verdict is in — on both counts.
The weather delivered. The football moved again.
