More Ugly Retail Reports, Housing Market, Musk & Tesla, Lessons 1970’s, 4%
One Rental At A Time
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The Fed's Lessons From the 1970s
TJX missed on revenue guidance and they lowered expectation. Target held expectations, although given the numbers we see under the covers, it would not shock me if they lower expectations next quarter or perhaps mid quarter. I think we're getting a clear picture that retail sales are going to be down or soft in Q2. Let's go on to the lessons of the 1970s who said this: Don't quit too soon.
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