Target Drops a Bombshell - The Unthinkable is About to Happen!

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  • Опубликовано: 22 окт 2024

Комментарии • 262

  • @stevenvanmetre5087
    @stevenvanmetre5087  2 дня назад +5

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  • @Daniel-v5y1c
    @Daniel-v5y1c День назад +52

    Inflation is a tax.

  • @DonHogan-wi2yj
    @DonHogan-wi2yj 2 дня назад +153

    Havent been to Target since they started allowing men in girl's bathroom.

    • @edwardsmalley4287
      @edwardsmalley4287 День назад +10

      Same here. Funny how things work out.

    • @TikiWest65
      @TikiWest65 День назад +4

      I stopped when they refused to the rolling Vietnam wall in there parking lots

    • @KevinBrooks-en8ur
      @KevinBrooks-en8ur День назад +13

      That, and the Rainbow Section.

    • @Shadow_Banned_Conservative
      @Shadow_Banned_Conservative День назад +9

      Same here. I even let them know when I cancelled my Target account with them.

    • @KevinBrooks-en8ur
      @KevinBrooks-en8ur День назад

      @@TikiWest65 You were clearly ahead of your time.

  • @kruelunusual6242
    @kruelunusual6242 День назад +68

    I love watching people pretend we’re not in a recession

    • @kruelunusual6242
      @kruelunusual6242 День назад +8

      And that inflation is going to come down….like the numbers actually represent something real!

    • @Shadow_Banned_Conservative
      @Shadow_Banned_Conservative День назад +4

      @@kruelunusual6242 The problem is that most people don't understand inflation, they think inflation decreasing means prices are coming down. I get a blank stare when I tell them, no, it just means prices are going to go up a bit slower.

    • @Shadow_Banned_Conservative
      @Shadow_Banned_Conservative День назад +3

      I'm debt free including my mortgage and my cars, all paid off. I'm a six-figure earner and I've spent very little over the last year. I'm saving every penny I can now, the storm is coming as soon as the credit runs out. I'm 53 and fully expect to be unemployed in the next two years.

    • @ritawhite6169
      @ritawhite6169 День назад

      It's cause the football stadiums are full they think y'all have money...knee grows is. Broke and white folks too..😅😅😅

    • @johnliberty3647
      @johnliberty3647 День назад +2

      We’re in a depression

  • @danieltaylor4185
    @danieltaylor4185 2 дня назад +57

    "Oh, no, we increased the cost of our products that we're selling way past the rate of inflation and didn't increase wages, and now consumers are running out of money! How could we have possibly predicted this would happen?"
    - Target, Walmart, etc.

    • @BohemianLifer
      @BohemianLifer День назад +3

      Selling china crap and overheated electronics...wow, what a great store...

    • @MarioLuigi-vb3rp
      @MarioLuigi-vb3rp День назад +2

      It’s a plan

  • @garymensurati1631
    @garymensurati1631 День назад +18

    WE ARE DOOMED. BUCKLE UP BIG-TIME. CHAOS LOOMING PREPARE FOR THE BEST YOU CAN. BLESSINGS TO ALL.

    • @mysticaltemplar73
      @mysticaltemplar73 День назад +1

      You are correct. As unemployment rate increases it will cause not only a domino effect in unemployment (snowball effect) but in every area of the economy including stocks, real estate, etc. In other words the gigantic bubble (inflated asset prices) is starting to burst. There is zero chance of it happening any other way because persistent high prices is eating away at savings.

  • @shabriabraziel-dasilva3216
    @shabriabraziel-dasilva3216 День назад +19

    Consumers have lived off credit cards far too long-my family think I'm a hoarder for preparing for what's already here- gloom and doom- i learned a valuable lesson after the pandemic
    to stay prepared- learn to live below you're means- everybody ran out and bought houses/cars last few yrs they couldn't afford- massive layoffs- i pray everyone survives this.

  • @ronc4146
    @ronc4146 День назад +33

    Not one single call-back for jobs applied for through Indeed, etc. They're all fake postings. Even p/t jobs. Placed in Rank #1 (after testing) on hiring lists for multiple gov't jobs qualified & applied for here in SoCal. No calls or follow-ups whatsoever for months due to "hiring freezes". Not good...

    • @mattg5978
      @mattg5978 День назад +6

      Same here. 99+ applications (150-200) in the past 6 months. 2 interviews, didn’t get either jobs. Indeed use to show you how many people are applying for every position and now they’re not doing that. SMH :/

    • @mikeoxlong8272
      @mikeoxlong8272 День назад

      I've talked to a couple of people in H.R. and alot of companies are only hiring black women. Whites need not apply.

    • @jayc4715
      @jayc4715 День назад +1

      Maybe your resume sucks

    • @ronc4146
      @ronc4146 День назад +4

      @jayc4715 ha! Could be, but I'm leaning further into "over qualified".

    • @quantumtechcrypto7080
      @quantumtechcrypto7080 День назад

      Speak only in Spanish and call yourself “refugee” things will change surely

  • @robertdiaz937
    @robertdiaz937 2 дня назад +30

    I know shit is hitting the fan if Steve opens a video with THIS IS GREAAAATTTTTTTTT

    • @FightingRightyBootlickers-z6t
      @FightingRightyBootlickers-z6t 2 дня назад

      Except that it's just not true. His graphs are fabricated.

    • @Jerold-o5g
      @Jerold-o5g 2 дня назад +2

      Everything is fine!! We live in the most prosperous nation ever!! Even the homeless are spending money at Target!! 🎯

  • @davidwaVR
    @davidwaVR 2 дня назад +26

    Carbon credits because selling you a bridge was too obvious😂

  • @TimGriess
    @TimGriess День назад +12

    People are buying only what they need. Minimal Christmas season.

    • @plants2plasticplasticjars161
      @plants2plasticplasticjars161 День назад +3

      I am taking the stuff in the closet, finding a box and wrapping it up.
      Most look new as day one.

  • @nathanallwood3487
    @nathanallwood3487 2 дня назад +20

    Steve's channel is ultimate doom scrolling

    • @2290961
      @2290961 День назад

      ultimate indeed! It's like there is only 24hrs left! After that its done forever!

  • @markfanning4735
    @markfanning4735 2 дня назад +55

    This is BADDDDDDD............I JUST SHARTED

  • @rmar1957
    @rmar1957 2 дня назад +13

    Target junk is over priced. Good bye. You wont be missed by me.

  • @alejandrogaricia2252
    @alejandrogaricia2252 День назад +8

    I don't shop at target who cares

  • @PaulHilburger
    @PaulHilburger День назад +32

    THE BIDEN ECONOMY: ENJOY

    • @peterquin1443
      @peterquin1443 День назад

      Biden, Trump, Obama, what's the difference? They all spend like drinking sailors, sending the debt skyrocketing right into insolvency.

  • @carlm2590
    @carlm2590 2 дня назад +24

    My sack just got high and tight out of fear 😱

  • @mikedavison4313
    @mikedavison4313 2 дня назад +6

    The economy has just reached the mental binary phase. Virtually overnight it went from " you have too much debt, save save save" to " the economy is retracting , spend spend spend".

  • @KenJackson_US
    @KenJackson_US День назад +6

    Target is the one store that I don't mind if they go out of business.

    • @ST-rj8iu
      @ST-rj8iu День назад

      they will get bailed out. who are you kidding?

    • @sean.durham999
      @sean.durham999 День назад +2

      It's sad. Target was the one retailer that could compete with Wal-Mart.

  • @ritawhite6169
    @ritawhite6169 День назад +4

    I stopped going to Target when they stopped popping popcorn and put a Starbucks instead...if you're shopping at Target you aren't fixing to spend 10 bucks on no dang cup a coffee 😮.duhhhhh

  • @biancagerade4229
    @biancagerade4229 День назад +11

    Everybody in my family is grown. So everybody's getting a nice Christmas card this year 😁

    • @patrickrussell1888
      @patrickrussell1888 День назад

      I wish with greetings on facebook or messaging. Cheaper than the postal stamp. Sometimes in-person appearsnces...hugs and kisses.

  • @kaliyugavedam
    @kaliyugavedam 2 дня назад +15

    Unthinkable, Hell, Fire are coming on daily basis..🤣😂

    • @zac1375
      @zac1375 2 дня назад

      I am scared 💩less!

    • @Micfri300
      @Micfri300 2 дня назад +1

      Meanwhile gold keeps reaching record highs.

    • @zac1375
      @zac1375 2 дня назад

      ​@Micfri300
      Kind of like prices for everything else, huh?

    • @Micfri300
      @Micfri300 2 дня назад

      @@zac1375 not at all record high buddy.

    • @Jerold-o5g
      @Jerold-o5g День назад +1

      Everyone has a ton of money!! No one is scared 😱

  • @harrymay5987
    @harrymay5987 День назад +2

    Now we see why it’s called Target. Because the goal is to hit the high sale mark, right in the bullseye. And to do that, they need consumers to keep spending mad crazy, until we hit it! 😜

  • @dr.z3426
    @dr.z3426 2 дня назад +2

    HE FINALLY SAID IT!!!!! YESSS HE SAID MY FAVORITE LINE.....THIS IS BAAAAD!

  • @druzhinacoccoc853
    @druzhinacoccoc853 2 дня назад +19

    CONSUMERS....
    ARE....
    RUNNING....
    OUT...
    OF....
    MONEY....
    again for 300th time lol

  • @davidwaVR
    @davidwaVR 2 дня назад +6

    While the economy in the last 3 years looks like the heart chart of someone before cocaine and after cocaine

  • @murphythemullet
    @murphythemullet 2 дня назад +6

    Steve, just for once can you make a video telling us everything will be fine? Blue sky with fluffy clouds in the background, instead of fire...thanks

  • @hueco5002
    @hueco5002 День назад +1

    People aren’t saving. Their money is going to landlords. Solve that problem and you’ll see spending come back. Which politician will stand up to large corporate housing investors to drive rental prices down?

  • @JohnMac3837
    @JohnMac3837 2 дня назад +5

    Savers are buying gold and silver.

  • @jaymontange8260
    @jaymontange8260 День назад +6

    The Bathroom debacle has come full circle.

  • @davematsch5318
    @davematsch5318 День назад +2

    Things will fall apart after Trump is elected. WATCH...the Dems will blame this long slow train wreck on him. Thanks Dems for your ....never mind. We The People don't need 2 parties 😮

  • @mandyyonge
    @mandyyonge День назад +2

    Our economy is facing challenges due to uncertainties, housing problems, foreclosures, global fluctuations, and the lingering effects of the pandemic, leading to instability. The rising inflation, slow growth, and trade disruptions require immediate action from all sectors to restore stability and promote economic recovery.

  • @1439315
    @1439315 День назад +2

    Recession is the short road to the Depression.

  • @JeffreyBellagamba
    @JeffreyBellagamba 2 дня назад +3

    Steve, you and Jeff Shnider should be in the pilot seat in Washingtn,
    How illiterate are these people representing 350 million Plus.

  • @craigwest4741
    @craigwest4741 День назад +3

    Ukranian and Israel not missing out on tax payer money.

  • @rentslave
    @rentslave 2 дня назад +4

    Wal-Mart ended self checkout today at their Kearny,NJ store as the police got tired of answering calls.I walked right out leaving my cart.

    • @EastElbow
      @EastElbow 2 дня назад +3

      Dollar generals around where I am stopped self check out.

    • @BohemianLifer
      @BohemianLifer День назад

      Good, citizens need jobs to feed themselves.

  • @zac1375
    @zac1375 2 дня назад +3

    Could you make up some really scary stories for Halloween Eve? 🎃 🧟‍♂️ 🦇🐉

  • @turkeysandwiche8552
    @turkeysandwiche8552 2 дня назад +5

    I can't afford to buy Christmas for my kids,grandkids this year I would spend $3000 a year a n d I just don't have it this year

    • @lisakaye9340
      @lisakaye9340 2 дня назад +1

      I just found a bunch of dollar store gift hack videos. Very cute ideas. Never had to be so thrifty before…

    • @EastElbow
      @EastElbow 2 дня назад +2

      Spend time with them. Have a cookie decorating sesh or something. Time with you is what's important to them.

    • @lisakaye9340
      @lisakaye9340 День назад

      @@EastElbow this is a beautiful idea. Creating memories, share family stories and share your wisdom in those stories. Priceless. 🌹

  • @josephwurzer4366
    @josephwurzer4366 День назад

    Inflation, rising prices whatever you call it has NOT STOPPED!

  • @AsupplementGuy
    @AsupplementGuy День назад +1

    I'm not spending because how much crap does one person need? Finally, a Christmas that is about relationships, not crap... wash your hands because germs and Christ is everywhere.😊

  • @carlm2590
    @carlm2590 2 дня назад +5

    Everyone has called doom on the holiday spending but it never happens

    • @zac1375
      @zac1375 2 дня назад +1

      Yeah, thanks to 🎅 .

    • @BohemianLifer
      @BohemianLifer День назад

      It will this season.

  • @Aerial.Imaging
    @Aerial.Imaging День назад +1

    Is this a re-run? You just did a video about Target not that long ago 😅

  • @ZiskaR-m6o
    @ZiskaR-m6o 2 дня назад +4

    LOL I knew AI was not nearly what the hype was as an IT person it can be a nice assist tool but it is no where near as good as the hype

    • @patrickrussell1888
      @patrickrussell1888 День назад

      AI is the worst when used for telephone calls...I either hang up or dial 0...so frustrsting. Lets us talk to a real person, even from India, though I think the language barrier kills American business. Hire American receptionists...they are the initial and key link to a successful company and are not nearly paid enough.

  • @zeemeister85016
    @zeemeister85016 2 дня назад +13

    GET OUT MEOW!!!

    • @zac1375
      @zac1375 2 дня назад +1

      🙀😸

  • @aprilmanley5414
    @aprilmanley5414 2 дня назад +6

    Thanks Steve! Sometimes you just can't help the stupid people😄

    • @scurvyboy
      @scurvyboy День назад

      True, you can't be helped.

  • @AbcDef-iq4no
    @AbcDef-iq4no 2 дня назад +2

    Consumers going into a retailer such as Dollar Tree, Dollar General, Family Dollar and Big Lots and then heading out the door if they can't find any deals is exactly why these chains are hurting right now. But these chains have nobody to blame but themselves thanks to their active and systematic de-contenting of their merchadise, which is nothing more than inflation in sheep's clothing.

    • @RandyMiller-YAS
      @RandyMiller-YAS 2 дня назад

      They just recently closed our BigLots. So, how does this reflect?

    • @EastElbow
      @EastElbow День назад

      ​@@RandyMiller-YASours are going under as well. I'm not sure what the doors closed date is.

    • @AbcDef-iq4no
      @AbcDef-iq4no День назад

      @@RandyMiller-YAS ​Big Lots has plans to close 340 stores because their price/content ratio results in their merchandise being more expensive than regular stores like Winco, Target or Walmart. In other words, it makes no sense to shop at Big Lots. Also, Big Lots is selling remaindered food which is much closer to expiration than at regular grocery stores, meaning their food has even less value. Big Lots, along with Dollar Tree, Dollar General and Family Dollar have been de-contenting their merchandise for the last several years to the point that there are no deals to be had at their stores when it comes to food and everything else in their stores.

  • @MrAndersonsplaybook
    @MrAndersonsplaybook 2 дня назад +6

    40 % of homeowners in retirement have paid off their mortgage, tailwind

    • @Micfri300
      @Micfri300 2 дня назад +2

      And who owns houses?
      Middle class and the wealthy..

    • @steakcon
      @steakcon 2 дня назад +2

      Middle class is now wealthy

    • @Micfri300
      @Micfri300 2 дня назад

      @@steakcon middle class who brought during covid at 0% interest rates and in their eyeballs in stocks that if they decline even 5% will cause them to lose a lot of wealth..

    • @BryanBarnett-kh8is
      @BryanBarnett-kh8is 2 дня назад +3

      The gov will have to take their property through txing unrealized gains and property taxes. They will find a way.

    • @EastElbow
      @EastElbow 2 дня назад +2

      What is middle class? I'm not sure I know what that is anymore.

  • @michaelmcintoshatky
    @michaelmcintoshatky 2 дня назад +5

    Ah America is screwed now.

  • @skysky6801
    @skysky6801 День назад

    Steve always provides an interesting perspective

  • @csmith5876
    @csmith5876 День назад +8

    Vote for Trump we won't have this problem

  • @Agent77X
    @Agent77X День назад

    Thanks! I was going to start get back into stock market but will hold off for now until my CFA tell me it safe to invest again!😊

  • @Justice24399
    @Justice24399 День назад

    Economy is booming, keep funding Israel.

  • @chriswinchester9811
    @chriswinchester9811 День назад

    Thanks for the guidance today,

  • @johnjaco5544
    @johnjaco5544 День назад

    Don't see any of this where I live. Stores are busy here same way with bars and restaurants. My job is working 6 days per week,10 hour days. Glad I live where I do.

  • @kevinkurtz9889
    @kevinkurtz9889 День назад +1

    Hey Steve, this is the first day of the BRICS summit in Kazan. Are you going to give some lip service?

  • @DanHalper
    @DanHalper 2 дня назад

    This guy is always so optimistic

  • @skysky6801
    @skysky6801 День назад

    Interesting perspective consumers are running out of money. Spending to plunge not good for stocks

  • @mandog-FYT
    @mandog-FYT День назад

    Uh, Steve, Target layoffs in January are SOP. If Xmas sales tank they'll be closing stores in Jan.
    So yeah it's bad.

  • @patrickrussell1888
    @patrickrussell1888 День назад

    I would say that Target and its business reflects Main Street household sales.

    • @patrickrussell1888
      @patrickrussell1888 День назад

      PS: the holidays used to mean family and reflection, not buying

  • @brunothepug8807
    @brunothepug8807 День назад

    Consumers are spending more to buy the things they need leaving less money available to buy the things they want. I am about to pay off my car loan early, that is my Christmas present to myself and my family. I have already paid off my credit cards and I am not going to put anything on them this holiday season. If I can't pay cash for it, it's not happening. I bought apples at Walmart, the best price I could find, the apples were $1 dollar each! Really? Rate cuts now signal the FED has given up fighting inflation and will just let the people suffer the consequences. The US Treasury doesn't want rates up too because it can't handle the interest payment on the National Debt. Essentially neither the consumer or the government can kick the can any further down the road. The can is now the size of a beer barrel filled with concrete. The working poor will be the worst to suffer while the banking class just gets richer. Think about who this banking class is and how they run the USA and own the politicians. But they don't own Trump and that is why they try to defeat him, imprison him and even kill him.

  • @FracturedReality777
    @FracturedReality777 День назад

    Plenty of Halloween decorations still on the shelf. Seen some Halloween things on sale before Nov 1

  • @Youtubeuseritis
    @Youtubeuseritis День назад

    Till the wars are going on, it’s difficult to see a market crash. When the wars are won then there should be a market crash

  • @bbbt8090
    @bbbt8090 День назад

    This Xmas I'll forsure be purchasing less during these holidays. Gas is high and since my move I make $20k less than what I use to make

  • @oojas1987
    @oojas1987 День назад

    is it going to happen this week or last week?

  • @toddhurd6491
    @toddhurd6491 День назад

    THIS…is Target. Get out of that store nyyyyyyoooooooooowwwwwwwww!!!😼

  • @nadie2795
    @nadie2795 День назад

    I have faith in weak people to treat themselves most around Christmas, and credit card debt to go to the moon. We are so screwed.

  • @zac1375
    @zac1375 2 дня назад +3

    I think you made me pee my pants! 🤣

  • @mw3516405
    @mw3516405 День назад

    I thought they already closed all their stores?

  • @NativeAmerican458
    @NativeAmerican458 День назад +1

    SELL SELL SELL Get out NOWWWW!!!😮

  • @truelies3690
    @truelies3690 День назад

    Target is going the way of Kmart, Sears, Newberrys, Mervyns, Zodys. Kohl's in trouble too. Even Walmart having trouble. Who can afford their inflated gouging prices. They will all price themselves out of business. Good riddance.

  • @mrdiggie3321
    @mrdiggie3321 День назад

    Has anyone ever seen a positive intro to an SVM intro, ever? Sky is falling 24/7

  • @tigertoilet2
    @tigertoilet2 День назад +1

    If they put up a K-MART people would flock in . Forget the taget mart.

  • @eddyherrera3207
    @eddyherrera3207 День назад

    We are in the “winner’s curse” of the economic cycle.

  • @BastilsBlather818
    @BastilsBlather818 2 дня назад +1

    Draw back those investments before the hand on the US economy rattles it briskly like their flushing a grand toilet full of nubes 😊

  • @Cali736
    @Cali736 День назад

    Boycott Target! No boys in girls washroom!

  • @miguelverduzco1539
    @miguelverduzco1539 День назад

    Happy beautiful day to everybody I'm out of money everything is too expensive

  • @donmarek7001
    @donmarek7001 День назад

    Some of the grocery numbers may be skilled given many also sell gasoline which is a need.

  • @JohnHoon-bu6jo
    @JohnHoon-bu6jo День назад

    Every video seemed to have either 1 negative economic data or 1 company giving warning.

  • @GX328382
    @GX328382 День назад

    D@mn........ We better send another $478+ BILLION to Ukraine

  • @titobandito6060
    @titobandito6060 День назад

    Corporate greed and price gouging is the issue

  • @oleboy4332
    @oleboy4332 День назад

    Target is a last resort. Several better options

  • @fturla___156
    @fturla___156 День назад

    People are trying to save more, because they see the inflation rate is too high and they can't afford their normal expenditures, which forces them to save just to afford the minimum inputs they see they need in the future. You are not going to splurge if your gross income is either not growing to meet your needs and or your current financial status is stagnant and you realize that what you have (cash) is becoming less valuable over time.

  • @johnstarr2001
    @johnstarr2001 2 дня назад +2

    If you like to see the economy do good better best Vote the T-man!

  • @HarryWang-u6s
    @HarryWang-u6s 2 дня назад +1

    I am Bad.....and I know it😊

  • @bluesdawg8014
    @bluesdawg8014 День назад

    I've been boycotting Target since they displayed woke clothing and worse marketed it to
    our children F Target Los Angeles

  • @TestChannelWow-bh7ys
    @TestChannelWow-bh7ys День назад +1

    Meanwhile Target is up in the aftermarket. Yawn…

  • @BGG15
    @BGG15 2 дня назад +1

    THIS IS TERRIFYING!

  • @Pittybullygirl
    @Pittybullygirl День назад

    Stop buying crap you dont need.

  • @BarbaraKurtz-e4z
    @BarbaraKurtz-e4z День назад

    How about working people are in recession. Who the heck are investing when every cent is being siphoned off.

  • @jaym9846
    @jaym9846 2 дня назад

    After Steve's latest post, Powell stomps on the gas pedal.

  • @jamiebaldwin7367
    @jamiebaldwin7367 День назад +1

    That's why Warren Buffet took his money out of stocks...Cash out now...

    • @ST-rj8iu
      @ST-rj8iu День назад

      he took it out of bank stocks

    • @jamiebaldwin7367
      @jamiebaldwin7367 День назад

      @@ST-rj8iu
      I guess he didn't trust the banks

  • @weasel7396
    @weasel7396 День назад +1

    Everybody run, ahhhhhhhhhhhhhh

  • @mikepravica2140
    @mikepravica2140 2 дня назад

    I'm thoroughly sick and tired of being forced to watch kamala harris political ads.

  • @KilroyKilled
    @KilroyKilled День назад +1

    Target should be the last place for anyone other then LGBT and their supporters too shop.

  • @fablima87
    @fablima87 День назад +1

    MEEOOOWWWTH 😺

  • @Niko-1004
    @Niko-1004 День назад

    This is great news, they're going to lower rates and be easier to buy things yay..

  • @briansimon8969
    @briansimon8969 День назад +1

    This…..is bad.

  • @Nik_Sh44
    @Nik_Sh44 День назад

    Starbucks washroom no gender exclusive.

  • @izitmepattavina8651
    @izitmepattavina8651 Час назад

    Cool.

  • @annoyed-b3y
    @annoyed-b3y День назад

    dollar tree lines are crazy not target empty