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What’s Target Doing Wrong, and a Dire Warning on the Housing Market 11/16/22

What’s Target Doing Wrong, and a Dire Warning on the Housing Market 11/16/22

FromCNBC's "Fast Money"


What’s Target Doing Wrong, and a Dire Warning on the Housing Market 11/16/22

FromCNBC's "Fast Money"

ratings:
Length:
44 minutes
Released:
Nov 16, 2022
Format:
Podcast episode

Description

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.
Released:
Nov 16, 2022
Format:
Podcast episode

Titles in the series (100)

Fast Money airs weeknights at 5p ET on CNBC. Visit http://fastmoney.cnbc.com for additional information.