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Off of 74 and we talk about a significant percentage in two week's time, what do you make of it? >> look, our target stock is performing poorly off 11% of year to date and it's going on in the business and there's more concerns with that and what happened on may 18, that's the day wal-mart reported 7% gain in com store sales and target reported flat sales and flat at target and up 7 at wal-mart, there's no way that comparison looked good and the consumer is feeling very stressed and very stressed by the environment by inflation and target is the upscale discounter and not the upscale discounte...

I started two advertising agencies in recessions. a great time to start a business. a great time because it makes you think very, very much about what it is you are offering, it means you can negotiate better people at lower salaries because they are all looking. i remember about a recession that you can get all kinds of things for a lot is money, so you can make your ideas go further, not only can you make your ideas go further in monetary terms, but you can also, with a better idea, rememberthat thing you can also, with a better idea, remember that thing about you can't outspend them, outthi...

Investors who are looking at the stock price and saying is going to get much higher? a lot of people have already booked their summer travel, particularly if you are coming from abroad and you have to look far in advance because of high airline prices, the consumer doesn't have much money with interest rate hikes and everything else, i do think that for a lot of people, they feel that airbnb is doing a good job, they have had a great run and this is a good time to sell and lock in those gains versus hoping to double their money in the future. so versus hoping to double their money in the futur...

Number, he was like, look, if we're headed for recession, the american consumer doesn't know it. they say they feel lousy about the economy, but they keep spending and they're spending on experiences, getting raises, job hopping. so there's what we feel about the economy and what the numbers are actually showing. there's -- over at the chamber of commerce they call it secondhand pessimism. the economy is stronger than the headlines reveal. what do you say about that? >> i think that absolutely makes sense. i think when these confidence numbers come out, consumer confidence, it looks very low o...

For a year, defending, all sorts of things that then turned out not to be true. and they have had enough. >> looking forward, the consumer doesn't have a huge majority from 2019, many people point out it would be hard to lose that majority in one election, in other words, conservative party could be looking to another six, seven years of a ruling. is there some figure who can bring the various factions together, particularly the other ones that had been so at odds over breakfast? >> the coalition that boris johnson built, you are right, the big question for the conservative party is can anyone...