HomeMarketsIndicesWorrying Signs From Last Week's Retail Earnings
Worrying Signs From Last Week's Retail Earnings

One of the most important stories in the market is the dreaded combo of inventory rebuilding and the shift in spending from goods and services, says Kevin Gordon. He talks about how the markets are higher Monday continuing Friday afternoon’s rally. He also discusses the chances that the markets have bottomed. He then goes over the worrying signs from last week’s retail earnings misses, highlighting Walmart (WMT) and Target (TGT). Finally, he mentions the signs of a recession on the horizon. Tune in to find out more.

Trading 360

23 May 2022

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