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Retailers are in big trouble
Wall Street Unplugged - What's Really Moving These Markets
Walmart Is Not Providing Same Store Sales Guidance
Walmart is holding up okay and it's flat right now. But when you're looking at if you should buy Walmart here, I don't know. Because what are we seeing? Walmart is doing the same thing that everyone else did during earnings season. What do they do? They said, hey, you know what? Next quarter, next year, kind of uncertain, conservative. The same consumers pull back. It's why you're seeing so many companies lay off employees,. especially over the past six to eight weeks.
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