Consumers have been working their way through their savings from the pandemic, notes Don Nesbitt. He discusses what retail earnings say about the consumer. He highlights Walmart’s (WMT) earnings saying that it is well positioned to address some of the middle income needs. He suggests that investors seem to be disappointed even though there’s good news all around. He then goes over what we learned from Target’s (TGT) earnings. Tune in to find out more about the stock market today.
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