Markets Slump As Target Shares Get Crushed On An Earnings Miss: The Inflation Factor and Beyond 05/18/22

Carl Quintanilla and Jim Cramer took an in-depth look at the big story of the morning which helped to spark a market sell-off: Target shares plunged on a quarterly earnings miss, hurt by inflation and supply chain issues. The anchors reacted to what Target CEO Brian Cornell told CNBC -- that he should be held accountable for not properly forecasting rising transportation and freight costs. Jim compared Target's results to those of Walmart, Home Depot, Lowe's and TJX. Also in focus: Why Target's results are weighing on markets one day after stocks rallied despite Walmart's miss, earnings bright spots, Fed...