Walmart Eats Target's Lunch, China Dumping Dollars
Walmart appears to be doing right that which Target is doing wrong. The retail giant just posted a near-perfect quarter that showed strength in all of the major numbers that were weak points in Target's earlier report. But you'd never guess by looking at the stocks of the two companies. Meanwhile China has started dumping US dollars in a big to prop up the flailing Yuan as the bursting of the Chinese Real Estate Bubble drags on.
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#Walmart #PBOC #recession
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