How This Ends - Hackdot

Re:How This Ends by tempsy on Sunday May 22, 2022 @11:42AM (#31469359)

Target shocked investors because not only did they suffer from rising costs due to inflation that they are currently subsidizing by not meaningfully raising prices but because they reported rising inventory in discretionary spending categories as consumers pull back likely due to higher prices they are facing nearly everywhere.

This has more to due to impact of inflation and less so just a function of a dividend and rates.

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Re:How This Ends by nemo44x on Sunday May 22, 2022 @12:26PM (#31469885)

Credit card debt is extremely high right now and subprime loan defaults are rising fast. In essence, a lot of people are tapped out.

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Re:How This Ends by djbusby on Sunday May 22, 2022 @12:45PM (#31470135)

Credit Card report https://www.newyorkfed.org/microeconomics/hhdc

New all time high

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Re:How This Ends by heartbreak on Sunday May 22, 2022 @01:48PM (#31470821)

The relevancy of a report from February 2020 is…not great.

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Re:How This Ends by djbusby on Sunday May 22, 2022 @02:04PM (#31471002)

My bad, wrong link, I've updated.

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Re:How This Ends by ac29 on Monday May 23, 2022 @01:16AM (#31475531)

Your current link says "Credit card balances declined by $15 billion"

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Re:How This Ends by shrikant on Monday May 23, 2022 @06:37AM (#31477281)

> "Credit card balances declined by $15 billion, in line with seasonal trends typically seen at the start of the year, but are still $71 billion higher than in 2021:Q1, representing a substantial year-over-year increase."

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