The retail giant’s latest earnings report confirmed…well, pretty much everything. Inflation risks, consumer capacities, the direction of interest rates and more. Target’s results help setting the debate on prices while also dovetailing right in with a whole bunch of the latest figures on especially gasoline and even rents.
Eurodollar University’s Money & Macro Analysis
Target Corp First Quarter Earnings
https://corporate.target.com/press/release/2024/05/target-corporation-reports-first-quarter-earnings
Target Corp Press Release Lowering Prices
https://corporate.target.com/press/release/2024/05/target-will-help-consumers-save-big-by-lowering-prices-on-5,000-frequently-shopped-items
CNBC Target shares tumble 10% as consumers buy fewer groceries and home goods
https://www.cnbc.com/2024/05/22/target-tgt-q1-2024-earnings.html
BLS New Tenant Rent Index
https://www.bls.gov/pir/new-tenant-rent.htm
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