May 18, 2022

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Market Update: May 18, 2022 Target Misses And The Market Drops

Transcript: Tom Vaughan: Hello, everybody, welcome to Wednesday, the S&P 500 was down 4%. Today, really the big catalyst today was target, they reported their earnings, they missed by quite a bit to which of their profits were down essentially, even though their revenues, their sales were up 4% across the board year over year,

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May 18, 2022

Why Does Inflation Take So Long to Slow Down?

Transcript: Marie Marinovich: Why does it take inflation so long to slow down? Tom Vaughan: Yeah, well, it does happen when it gets going. And one of the main things is this wage increase, right. So things cost more employees need to be paid more to be in the same spot. And inflation has actually

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May 18, 2022