FTDS - Retail Meltdown Brings The Dread Twins Back
- Latest 12 months wholesale price inflation ran 11%. Walmart and Target have big 2Q earnings misses. Oops!
- Retail demand does not seem to be the problem.
- In a market where computers and ETFs have no discernment, everything goes on sale.
- Retail may be uniquely advantaged when it comes to thriving in an inflationary environment. Panic set in as Wednesday’s retail meltdown brought the twin bugaboos of inflation and higher rates back into focus.
- The last time we had this type of inflation was the mid-to-late 1970s, and the result was not what the media would lead you to believe.
For further details see:
Retail Meltdown Brings The Dread Twins Back