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In today's Stock Club we discuss Walmart's press release in which it forecast a drop in profits for the rest of the year. As the country's largest retailer, it casts a long shadow and warnings of tough times ahead as inflation puts pressure on the U.S. consumer rocked the retail sector.
What does this mean for the wider economy?
In this episode, we also discuss:
MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.
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