Joel Elconin – Target Warns On Margins and CPI This Friday, Markets Will Break This Range But In What Direction?
Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins us to discuss the warning out of Target regarding margins. This caused the markets to open up down but did bounce back to neutral on the day. We also look ahead to the CPI number coming on Friday and what that could do for the range-bound markets. This of course all ties into Fed policy.