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Jim Cramer says the Fed should consider retail earnings over economic data for its inflation strategy

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Stocks slumped on Wednesday after Target reported a sales decline.

for the third quarter, lifted by its grocery business as cost-savvy consumers traded down to the discounter's products.

TJ Maxx and Marshalls parent TJX Companies reported better-than-expected third-quarter earnings boosted by the industry-wide inventory glut. "TJX is like a vulture feasting on the carcasses of other retailers. What I found profoundly worrisome was that their business, again, got better and better as the quarter went on. That means October had to be real bad for the rest of retail," he said.Jim Cramer's Guide to Investing

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Propaganda. Heresy.

Yeah and Cramer should try smokin weed instead of crack. Lol

I

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