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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (70754)	7/26/2022 9:35:45 PM
From: scbeachbum	Read Replies (1) \| Respond to of 78666

WMT will be fine, this is a short term blip for them. Also I don't think it was the slowing consumer, I think Jim Cramer was right they mismanaged their inventory and are blaming the consumer. Visa reported strong credit card transactions and consumers this evening. WMT took the whole retail sector down with them, but also retailers reporting good, so I would expect a retail rebound. I think we see more of a fed bounce tomorrow first, they'll have some positive comments about getting inflation under control and seeing progress and the markets will react very positively to that.