Justin Lahart

speaker

1,185 appearances 22 recordings 1 series first heard Jul 2017 last heard Dec 2024

Justin Lahart’s voice in public audio — every appearance, attributed to the second.

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And what we're seeing is that, you know, the flip side is if you're a company, you eat the cost. voice-verified

And that seems to be what we're seeing from a lot of other companies. voice-verified

So Walmart, when they reported last week, they said that they were investing in price, which is their euphemism for cutting prices. voice-verified

We also saw more recently Target saw their margins down. voice-verified

Kohl's saw margin down. voice-verified

A bunch of retailers that recently report. voice-verified

reported. voice-verified

And that was a lot of it was about these higher costs and not passing those costs on. voice-verified

So they don't want to do it. voice-verified

So we've seen, you know, we've been having a very tough time in the market, right? voice-verified

Apple shares are down significantly since they reported results last month or last week. voice-verified

Sorry. voice-verified

Early November. voice-verified

early November, you know, and we've also seen some retailers really taking it on the chin. voice-verified

This is the problem, right? voice-verified

Either way, you miss out as an investor, right? voice-verified

Lower sales or thinner profit margins. voice-verified

Neither are good. voice-verified

Right. voice-verified

And that expectation component, economists think it's really important that it actually helps guide future inflation. voice-verified

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