Geopolitics Alpha

NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market

Published . Updated .

Key takeaways

  • Exposed: PG, DHI, TIP, XLP, XLRE
  • Market reaction: DHI −3.7% on the day (still updating); PG −1.0% on the day (still updating); WMT −1.9% on the day (still updating)

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GEOPOLITICS ALPHANPR Economics Correspondent ScottHorsley on Inflation, HousingCosts and the Job MarketGEOPOLITICS ALPHA

This report is about inflation and prices and real estate.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.5% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLP Consumer Staples Select Sector SPDR-3.2% 15d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLRE Real Estate Select Sector SPDR+2.7% 30d

    Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “housing” (real estate) in this story.

  • WMT Walmart+16.0% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • PLD Prologis-4.6% 30d

    Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

  • COST Costco Wholesale+15.7% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • PG The Procter & Gamble+11.6% 30d

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • DHI D.R. Horton+9.1% 30d

    D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIP-0.07%+0.06%base-0.15%after closeafter closeafter close
XLP-4.05%-2.97%base-1.62%after closeafter closeafter close
XLRE-2.75%-1.34%base-0.41%after closeafter closeafter close
WMT-6.59%-5.06%base-1.93%after closeafter closeafter close
PLD-2.46%-1.27%base-0.81%after closeafter closeafter close
COST-4.67%-4.31%base-1.78%after closeafter closeafter close
PG-2.69%-1.86%base-0.96%after closeafter closeafter close
DHI-3.87%-4.22%base-3.69%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market WITF

Source: WITF

The price since 3 Nov 2026: Procter & Gamble (PG) versus the S&P 500

CompanyWhenMoveStatus
Costco Wholesale (COST)that day-1.78%still updating
Costco Wholesale (COST)three days earlier-4.31%final price
Costco Wholesale (COST)five days earlier-4.67%final price
Horton D R (DHI)that day-3.69%still updating
Horton D R (DHI)three days earlier-4.22%final price
Horton D R (DHI)five days earlier-3.87%final price
Procter & Gamble (PG)that day-0.96%still updating
Procter & Gamble (PG)three days earlier-1.86%final price
Procter & Gamble (PG)five days earlier-2.69%final price
Prologis (PLD)that day-0.81%still updating
Prologis (PLD)three days earlier-1.27%final price
Prologis (PLD)five days earlier-2.46%final price
Ishares Tr (TIP)that day-0.15%still updating
Ishares Tr (TIP)three days earlier+0.06%final price
Ishares Tr (TIP)five days earlier-0.07%final price
Walmart (WMT)that day-1.93%still updating
Walmart (WMT)three days earlier-5.06%final price
Walmart (WMT)five days earlier-6.59%final price
Select Sector Spdr Tr (XLP)that day-1.62%still updating
Select Sector Spdr Tr (XLP)three days earlier-2.97%final price
Select Sector Spdr Tr (XLP)five days earlier-4.05%final price
Select Sector Spdr Tr (XLRE)that day-0.41%still updating
Select Sector Spdr Tr (XLRE)three days earlier-1.34%final price
Select Sector Spdr Tr (XLRE)five days earlier-2.75%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Procter & Gamble (PG)

Companies carried with this story

  • PG Procter & Gamble

    In “NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • DHI Horton D R

    In “NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market,” Horton D R (DHI) is linked, with no stored direction, medium confidence. Reason on file: D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story

  • TIP Ishares Tr

    For “NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • XLP Select Sector Spdr Tr

    In “NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market,” Select Sector Spdr Tr (XLP) is linked, with no stored direction, medium confidence. Reason on file: Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • XLRE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLRE) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market.” Reason on file: Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “housing” (real estate) in this story

  • WMT Walmart

    In “NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • PLD Prologis

    For “NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market,” Prologis (PLD) is linked, with no stored direction, medium confidence. Reason on file: Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story

  • COST Costco Wholesale

    For “NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

Procter & Gamble (PG)

On 3 Nov 2026, “NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market” is the story that connects Procter & Gamble (PG) to this story.

What ties Procter & Gamble (PG) to the headline is this: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

Horton D R (DHI) is here too. Its reason reads: D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story

The price range for Procter & Gamble (PG), and the dates in the story

DHI traded between 130.44 and 153.53 across 20 sessions. The latest close on file is 152.92. PG traded between 147.07 and 166.83 across 20 sessions. The latest close on file is 163.61. TIP traded between 103.77 and 105.67 across 20 sessions. The latest close on file is 105.27.

How strong the case is around Procter & Gamble (PG)

46 out of 100Price not final

“NPR Economics Correspondent Scott Horsley on Inflation, Housing Costs and the Job Market” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.