ARHS - These Two CEOs Have Wildly Different Takes on Inflation
Normally, you would expect CEOs in the same industry to agree on the facts even if they have different opinions about how those facts would affect their company. It isn't often that two CEOs have completely different takes on what is happening in the economy.
That's exactly what happened today with the CEOs of furniture retailers RH (NYSE: RH) and Arhaus (NASDAQ: ARHS) . Over the course of 24 hours, one said he expects continued strength and the other implied a recession is imminent. Of course, no one can predict the future. But who is right could go a long way in determining whether the stock market can rebound to all-time highs or if a reckoning is just around the corner.
Image source: Getty Images.
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These Two CEOs Have Wildly Different Takes on Inflation