EPISODE · Nov 16, 2022 · 43 MIN
What’s Target Doing Wrong, and a Dire Warning on the Housing Market 11/16/22
from CNBC's "Fast Money" · host CNBC
Shares of Target plunged more than 13% after its latest earnings report, its fourth worst day on record and a stark contrast to the strength seen in Walmart yesterday. So is this a Target-specific problem, or a bigger indication about the market? Plus the Dallas Fed pointing out the moves in the housing market closely mimic what we saw during the housing bubble in the late 2000s. What that says about the state of the economy. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Shares of Target plunged more than 13% after its latest earnings report, its fourth worst day on record and a stark contrast to the strength seen in Walmart yesterday. So is this a Target-specific problem, or a bigger indication about the market? Plus the Dallas Fed pointing out the moves in the housing market closely mimic what we saw during the housing bubble in the late 2000s. What that says about the state of the economy.
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What’s Target Doing Wrong, and a Dire Warning on the Housing Market 11/16/22
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