Retail earnings are painting a mixed picture of the consumer

The retail sector has been painting a mixed picture of the consumer, as Wall Street debates whether the American shopper is exhibiting weakness or resilience.Brooke DiPalmaThe health of the consumer seeming to be up for some debate now for quite some time while most executives and economists are or do seem to agree that spending is slowing, especially in discretionary items.

They are looking for the best deals that they can get and you take a Wal Mart who has low prices every day.And then we heard from Target out this morning that those $5000 plan to lower prices over the summer really seem to benefit them.So that's playing into their Q two results. We are seeing consumer staples hitting record highs today in the stock market side of things as well.

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