How Retail Earnings Are Impacting the Broader Markets. 11/17/22
It’s been a mixed picture for retail, with Target warning of a consumer slowdown despite names like Walmart, Home Depot, and Lowe’s all beating expectations. Kearney Consumer Institute’s Katie Thomas explains what’s to come. Plus, Federal Reserve Governor Christopher Waller says he’s open to the idea of raising rates by half a point but stresses that inflation remains painfully high. Raymond James Investment Management’s Matt Orton discusses what this means for the markets. And, stocks are coming off a second negative session in the past three. Crossmark Global Investments’ Victoria Fernandez presents her investment thesis.
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