Earnings Season Rolls on as the Consumer Remains Front and Center. 11/16/22
Retail earnings roll on with Target expected to report this morning on the heels of Walmart’s better-than-expected quarter yesterday. UBS’ Michael Lasser makes the case for the stock. Plus, it’s a mixed picture for Chinese tech, with names like Alibaba and JD.com reversing gains seen earlier this week. MSA Capital’s Ben Harburg gives the latest. And, stocks are looking to add onto yesterday’s gains following the PPI report and further signals of easing inflation. Cadinha & Co.’s Kaleialoha Cadinha-Pua’a and Diamond Hill’s Heather Brilliant lay out the trading day ahead.
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