Time for our Target stock checker.  It seems as if the fears of a consumer melt down are creeping back in.  Target stock ended last week down nearly 7 percent.  Also came news on Friday that Pershing Square had reduced its Target stock holdings.  With consumer credit likely to be the next big story, it [...]

Well, you probably aren’t feeling it as much as Pershing Square’s William Ackman.  Ackman set-up a hedge fund solely to invest in Target stock.  Obviously, this has not panned out as the wisest investment of Ackman’s career.  The fund is down over 40% YTD (that’s a lot) and nearly 90% overall.  Ouch.