It seems to me we needed a reminder. The stock market is not the economy and the economy is not the stock market. We took at look at WMT and AMZN layoffs along with rising credit card...
Retails stocks are going through it with Walmart lowering their guidance. They are saying buyers have evaporated and inflation has ballooned their operating costs. I’m closely monitoring this situation as the Fed is expected to hike rates another 75 basis points...
