🎯 Target missed the mark

Target’s scrawny earnings scared off investors | Rising UK prices aren’t losing velocity | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for November 17th in 3:09 minutes. ⏰ That’s not your morning alarm, that’s a warning bell: tickets for this year’s [Modern Investor Summit]( are nearly all gone. So [reserve your place today](, and make sure you nab a spot at the most exciting event you’ll attend this year (probably). [Grab your free ticket]( Today's big stories - Target’s third-quarter earnings were well off the mark, sending its shares into a tailspin - Here are four ways you could invest for the next ten years – [Read Now]( - Inflation in the UK was still rising in October, but markets kept their cool Off-Target [Off-Target] What’s Going On Here? Target announced results on [Wednesday]( that were miles off a bullseye. What Does This Mean? Walmart’s results on [Tuesday]( made one thing clear: shoppers with less cash to splash want everyday groceries at bargain prices. That meant Walmart’s staple items like cheap food and drink – which make up over half of its total wares – were in high demand last quarter. But the same can’t be said for poor Target: the department store chain mainly sells nice-to-haves like clothing and electronics, and savvy shoppers often hold off on buying that stuff till seasonal discounts kick in. That difference showed in the books: Walmart made expectation-beating profit, while Target’s was much lower than investors expected. Why Should I Care? Zooming in: Line your pockets. It wasn't all bad for Target: the firm’s third-quarter sales at stores open for at least a year were up a better-than-expected 2.7% from the same time last year. Problem is, Target had to slap massive discount signs across the aisles to get folk to the checkouts. Those discounts squeeze the life out of a firm’s profit margins, which – along with the promise of future clearances – pushed Target to admit it’ll fall well short of its profit promises made earlier this year. On top of that, the retailer said it’ll lose nearly $400 million – worth 5% of last year’s profit – at the hands of shoplifters ([tweet this](). Now that’s a scapegoat you won't hear often... Zooming out: Nobody knows nuthin’. You’ll often hear that it’s best to take the long-term view when it comes to stock picking, and that's partly because markets usually do a good job at predicting and “pricing in” short-term changes. But in times of high uncertainty, the market’s close-range antenna can falter and investors end up caught unawares, causing shock price movements. Your common sense can help you rise above the rest, mind you: it’s hardly surprising that Target would lose customers to cheaper rivals during tougher times, after all. You might also like: [Fast fashion is out. Pre-owned fashion is in.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Off-Target&utm_campaign=daily-global-17-11-2022&utm_source=email) Analyst Take Forget The Straight-Up S&P 500. Here Are Four Ways To Invest For The Next Decade. [Forget The Straight-Up S&P 500. Here Are Four Ways To Invest For The Next Decade.]( [Photo of Stéphane Renevier] Stéphane Renevier, Analyst Many retail investors are now opting for a purely passive approach and going [all in on the S&P 500]( for their stock exposure. It’s easy to understand why: [the go-to US index]( has done [exceptionally well]( over the past ten years. But the economic backdrop is different now, and in a world of higher inflation and towering interest rates, its returns are likely to be [a lot less impressive](. So if you’re looking to invest in stocks over the next ten years, you may want to find [a new set of winners](. So that’s today’s Insight: [here are four alternatives to the straight-up S&P 500 for the next decade.]( [Read or listen to the Insight here]( Finimize x Revolut Pretty good stuff, right? Our analysts write Insights like this every day, and you can read every single one of them with [Finimize Premium](. There’s no better time to get started: our new partnership means you can get [six free months of Finimize Premium]( and [three free months of Revolut Premium]( if you [sign up for Revolut today](. We’ll even send you £10 (or equivalent) to your Revolut account to get you started. SPONSORED BY UPEXI Unlock tomorrow’s biggest business opportunities Good business ideas are a dime a dollar. Good business models are harder to come by: after all, you’ll need a strong strategy and an even stronger balance sheet if you want to really establish your brand. Enter [Upexi (ticker: UPXI)](: the brand owner and aggregator buys profitable businesses and finds the right specialist to[transform their operations](, setting them up for [higher revenue and profit](. So by investing in Upexi (one of the few public brand aggregators that you can invest in), you’d [stake your claim in a diversified bunch of companies]( that are headed toward a pretty profit. [Get a piece of tomorrow’s biggest businesses with Upexi](. [Check Out Upexi]( Disclaimer This content is for US investors only, if you are not a US investor please ignore this content. This content is a paid advertisement for Upexi (NASDAQ: UPXI) from Interactive Offers and Finimize. This is not Finimize editorial content. Finimize received a fixed fee for producing, hosting and promoting this content on behalf of Upexi, totalling $23,000. Other than the compensation received for this service, Finimize and its principals are not affiliated with either Interactive Offers or Upexi. Finimize and its principals have no ownership in Upexi. The content on this page should not be taken as advice, an endorsement, or a recommendation from Finimize and its principals to buy or sell any security. Finimize and its principals have not evaluated the accuracy of any claims made on this page. Finimize and its principals recommend that investors do their own independent research and consult with a qualified investment professional before buying or selling any security. Investing is inherently risky and capital is at risk. Past performance is not indicative of future results. Runaway Prices [Runaway Prices] What’s Going On Here? Inflation in the UK hit a fresh 41-year high in October as prices leapt over 11%, according to [data]( out on Wednesday. What Does This Mean? You’d have to go all the way back to 1981 – year of the first-ever London Marathon – to see British prices running at the speed they hit last month. That’s actually pretty fitting: prices in October were a worse-than-expected 11.1% higher than the same time last year, turning this year’s inflation battle into less of a sprint and more of an endurance test. A big part of that price pop was down to food prices that were up 16.5%, but even after stripping out food and energy prices, core inflation still sat at a disappointing 6.5%. So while some pundits reckon US inflation might be on the home stretch, Britain’s prices are still running up a steep hill for now. Why Should I Care? Zooming out: Mono-tasking. Britain’s not the only major nation trying to steady a swaying economic ship right now, but it might just be the only one with a single viable escape route. See, markets panicked when the last government suggested a tax-cutting bonanza, fearing that flooding the economy with cash would further swell inflation – and that sent the pound plummeting. But it looks like this government’s learned a lesson, as the new UK finance chief seems to have his sights set on just one task: tackling inflation. The bigger picture: Same time, same place. Financial markets were predicting that interest rates would peak at around 4.5% toward the end of next summer, after about six more hikes. And while Wednesday’s worse-than-expected data is good fodder for attention-grabbing headlines, it’s barely affected markets’ predictions for rates. That’s a relief for now, but another one or two bad inflation reports is all it would take to change things. You might also like: [How to know when the headlines matter and when to ignore them.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Runaway Prices&utm_campaign=daily-global-17-11-2022&utm_source=email) 💬 Quote of the day “If all the world’s a stage, I want to operate the trap door.” – Paul Beatty (an American author) [Tweet this]( SPONSORED BY MOOMOO Here’s your chance to win the cash sweepstakes The [right trading platform]( can transform your investing strategies for the better. And [winning the right sweepstake]( could do the same for your savings account. Now you could get both in one fell swoop: [moomoo]( can hook you up with high-tech tools like [heat maps](, [stock comparison metrics](, and [technical indicators]( in one handy, on-the-go app. And if that wasn’t enough, you could [win up to $50,000 in cash in moomoo’s Holiday Magic sweepstakes](. And even if you don’t win that, ten folk can [claim $1,000 for stealing second place](. [See how sweet life can be with moomoo](. 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Investing involves risk and the potential to lose principal. 🌍 Finimize Live 🥳 Coming Up Soon… All events in UK time. ✅ [How To Successfully Invest In Dividend Stocks](: 6pm, November 22nd 🚄 [How To Bulletproof Your Portfolio Against Uncertainty](: 6pm, November 23rd 🔥 [The Coolest Investments When Inflation’s Hot](: 12.30pm, November 28th 🇬🇧 [Making Smart Portfolio Moves During A Cost-Of-Living Crisis](: 5pm, November 29th 🌍 [Finding Opportunities In A Challenging Market With BlackRock](: 1pm, December 2nd 🇦🇪 [The Modern Investor Opening Party In Dubai](: 6pm, December 6th 🎉 [Modern Investor Summit](: 12pm, December 6th and 7th 🎯 On Our Radar - Crocodile tears. This [makeup trend]( is taking the world by storm. - Space-age know-how. Here’s how NASA [helps innovation thrive](. - Meet Frances Densmore. This determined woman [saved Native American music](. - Snail-slow snaps. Peek at the stunning photos [making photography slow again](. - The “off-grid powerhouse”. 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