It doesn’t take a brain surgeon to suss out a host of negatives from the brutal earnings results and conference calls from Target and Walmart this week.
All of them come to the same conclusion though: Consumers are being financially battered by inflation and the economy is slowing much quicker than Wall Street economists have factored into their 500-step multi-factor models.
“It has been a wild 48 hours in retail,” Jefferies Analyst Steph Wissink said on Yahoo Finance Live (video above). “We…
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