NVIDIA FEVER STOPS RISING, TARGET SHOWS CONSUMER RESILIENT, ANNUAL JOBS REVISION MAY MOVE MARKETS
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Resilient Consumer
Please click here for a chart of Target stock (TGT).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of TGT stock is being used to illustrate the point.
- The U.S. economy is 70% consumer based. Therefore, prudent investors keep a close eye on consumer behavior. Lately, there has been a lot of conflicting data about the consumer.
- This morning, there is new data about consumer behavior from earnings from Target, Macy’s (M), and TJX (TJX).
August 21, 2024