Re: Dollar Tree stock gets choppedThis bodes well for the Fed to start rate cuts next week. When companies like Dollar Tree are closing stores, it's a massive red flag that Fed rates are too high... well and perhaps that or the company is mismanaged. LOL!
Actually it's more likely a symptom of the sanctions the US is levying on China. Most of what Dollar Tree comes from China.
How many on this board were aware the US Government required Lexmark to move their manufacturing to Mexico about 6 months ago. It was so mismanaged by the Biden admin that even when Lexmark complied, the US boarder controls were still not allowing shipments of Lexmark product from Mexico because they were unaware of the change. It's created a massive supply chain issue with getting Lexmark product of all sorts... printers, parts, toner, etc. This is just one manufacturer. How many other manufacturers and distributors were similarly impacted.
Biden... the gift that keeps on giving Americans a mismanaged economy; same as Trudeau in Canada.