Target just sent up a giant red flag about the U.S. consumer ...Middle East

Quartz - Economy
Target just sent up a giant red flag about the U.S. consumer

High-income U.S. consumers are pulling back. Mortgage applications are down, Walmart’s (WMT) 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.

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