Walmart and Target’s profit drops may signal an imminent or ongoing recession, experts warn. June 26, 2024 6:23 am by CWR Sharing is Caring!Both Walmart and Target have experienced significant decreases in profit for their first quarters, which could signal an oncoming recession—or a recession that we’re already in, according to experts. See also 67% of middle-class Americans struggle with rising costs, creating a "selective recession" per JPMorgan. Views: 83