Hello full of rubber capitals hope you're well so we got target coming out this morning and giving their

earnings but also giving a prediction or insights into what is happening right now with the consumer.

So let's get right over to see and be see check out what their earnings report looked like

and then we're going to get into some details and tie this into what we have heard lately from companies like

Walmart, from Home Depot, Starbucks from McDonald's, the list goes on and on and on. And then we're going to go over some personal stories as to what people are actually experiencing right now and how they're managing to cope with consumer price inflation and then I want to

circle back and tie that into what is happening with these huge mega corporations and then what that means for the economy.

So let's first and foremost start with Target Earnings Report and like I said in the title, the target shares got shellacked down 10% and that's a huge move for target as well because target it's not like bit coin or g me or or or Tesla or one of these stocks or assets that has a lot of volatility

like a 10% move in Tesla,

be like, whatever. But a 10% move in target,

that is a really big deal.

So 10% down as consumers buy fewer groceries and home goods.

So targets fiscal year, key talking points here.

Target's fiscal, first quarter earnings missed estimates.

As its sales fell 3% year over year.

Wow, that's a big number.

The retailer saw consumers buy fewer everyday items

like groceries and paper towels along with

discretionary goods. So it's not just discretionary that they're cutting back on.

It's everything across the board according to Target.

And this goes back to what I was talking about yesterday

on a few videos and really what I've been talking about

for the last year and a half.

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