WMT - Wall Street Breakfast: Retail Earnings Parade
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Retail earnings paradeFutures movement overnight suggests another down day for the U.S. stock market as inflation fears continue to weigh on sentiment and prompt investors to cut exposure to riskier assets. At the time of writing, contracts linked to the Nasdaq are 1.3% lower, while the Dow and S&P 500 are off 0.7% and 0.9%, respectively. Minutes published today from the Fed's April meeting could shed some light on recent price pressures, while bubble risks may be surfacing across a number of speculative asset classes, including crypto, SPACs and meme stocks.Don't forget about earnings season! While we're on the tail end of Q1 quarterly results, this week is a big one for the retail sector. Walmart (WMT), Home Depot (HD), Macy's (M) already announced sets of
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Wall Street Breakfast: Retail Earnings Parade