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Here's Why You Should Pay Close Attention to What Target and Walmart Are Saying About the Economy

Here's Why You Should Pay Close Attention to What Target and Walmart Are Saying About the Economy

Target (NYSE: TGT) and Walmart (NYSE: WMT) are two companies that most everyone knows. Given that 70% of U.S. gross domestic product comes from consumer spending, Target and Walmart provide an excellent barometer on inflation and a glimpse into the pulse of the economy. Here's what you need to know about Target and Walmart's results and how they could impact your investments -- even if you aren't interested in their stocks specifically.