Latest / The Financial Exchange Show
Walmart’s Growth Story Just Hit a Wall
Walmart shares fell sharply after the retail giant posted slower same store sales growth, raising questions about whether investors have been pricing the company for more growth than it can deliver.
Chuck Zodda and Mike Armstrong discuss why Walmart’s earnings disappointed despite decent results, why the bond market remains in control of borrowing costs, and why Treasury efforts to push down long term yields may not be enough. They also explain how higher Treasury rates affect mortgages, business loans, and corporate borrowing. Plus, they break down why diesel prices and crack spreads could…
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