Market Update & Are We In Recession Yet As More Retail Earnings Come In?

Market Update & Are We In Recession Yet As More Retail Earnings Come In? This week was shock and awe in terms of retail and consumer stocks. Traditionally viewed as a safe haven in times of market stress, Walmart (WMT) kicked things off with a downbeat outlook, but Target (TGT) really set investor fears on high alert with its clearly bearish outlook. Both companies reported declining margins as cost pressures ramped up. Even more worrying though was the noted shift in consumer demand to lower cost, lower margin items, meaning this could be a permanent trend. Lower margins mean lower profits for the retailers, and investors moved to immediately price in a likely recessionary outcome. https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbVAtYWcxQnZxZm9WMzFNUGVVaUhRM1pick5RQXxBQ3Jtc0trU2ZWY05ObFE0eU1BUUpfbXlRMlJJUmRRbUNDTzRLWERPMUtTekUzLWlBdkJtSEdaWFhocnptaEJIb09ZMkFrUm1tSG1lMHR2TXdiSWdLcmYzQjRjcnBmeE9GdkZsZzRCZFAxNmxhenBnLTBEM2RvQQ&q=https%3A%2F%2Fwww.fxstreet.com%2Fnews%2Fare-we-in-a-recession-retail-earnings-preview-costco-dollar-general-dollar-tree-big-202205201154&v=77UcpwVQgX0