Target just sent up a giant red flag about the U.S. consumer
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In This Story TGT -0.70% WMT +0.77% TPR -0.04% High-income U.S. consumers are pulling back. Mortgage applications are down , Walmart’s ( WMT +0.77% ) reporting grocery gains from monied households suddenly keen for deals on eggs and bananas – and now Target joins a growing list of beloved brands waving the yellow flag that a recession may be coming. Suggested Reading Republicans want tax cuts to save the economy from Trump's tariffs. Not so fast, experts say 8 countries where Trump has been
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