(Bloomberg) — The growing prospect of a Trump presidential victory is making yield curve steepeners an attractive bet as growth will likely slow and inflation quicken under such a scenario, according to Morgan Stanley. Most Read from Bloomberg The US presidential debate has strengthened the possibility of Donald Trump’s re-election, and this will sharpen the […]
(Reuters) -Home Depot posted a bigger-than-expected drop in quarterly same-store sales on Tuesday as cautious Americans shelled out less for big-ticket items while focusing on small-scale home repair and maintenance tasks. Customers have reined in discretionary spending and put pricey renovations on hold as they adjust to higher borrowing costs and elevated inflation. “Home improvement […]