I’ve been telling people for years that increasing stock prices means more American workers are being dumped by companies; this illustrates it perfectly (Target’s stock rose). The enemedia would have you believe a rising stock market indicates a healthy economy in general; it is the opposite. Rising stock prices today indicate an improvement in the standard of living for Asia’s middle class, not ours...
Let’s just say I have inside information. Business is very good at Target, but its retail. Very competitive. And there’s a lot of fat. And its a brand new CEO. His job is to make the numbers look better, and he’s doing it by cutting fat.