Q3: How’s the Economy doing? Using Walmart and Target earnings reports as our guides
Description
So, there are some indicators that our economy is not doing so well… like, inflation is still way up. And our nation is in debt big time. But at the same time, Fed Chair Jerome Powell might not have to hike up interest rates in September. Plus, there are a TON of interventions the powers that be can make before we have a recession. So don’t get it twisted: Linda walks you through all of the data she’s looking at right now.
Linda’s also checking in with two of her very favorite companies: Target and Walmart. Both companies had earnings calls recently, and their reports give us a lot of data about how the economy is doing, and how consumers are behaving. Linda breaks down the data from both companies.
Just don’t forget: we’re on a financial journey, not a sprint. When things get bumpy, we keep calm and try not to make any sudden moves or giant purchases.
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Produced by Cosmic Standard & In Luz We Trust
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