The retailers reported about as expected this morning. The good stores beat and guided to a decent Q4. Target mentioned consumer sentiment a few times, guided revenue lower, and announced a huge capex expansion for next year, suggesting estimates will...
Most natural resource stocks, even the bellwethers of Metals or Energy, for example, can’t scale to $3 Trillion in market cap. They’re simply not built like the juggernauts of tech or communications.
