Cautious on home improvement trade in near-term, says Bernstein's Zhihan Ma

Let's bring in Jihon Ma. He's senior analyst over at Bernstein. Covers many of these hardline retailers.Jihon, thank you very much. Let's first of all talk about just how much home improvement is going to be impacted by some of the dynamics that we saw out of Trex this week. >> Yeah.So, overall, we are still pretty cautious on the trend in home improvement, at least in the near term. Um, not only are we seeing still a fairly muted home improvement market based on Home Home Depot and Lowe's, their peers repo ...