S
Sector Specialist
Jun 16, 2026 · bearish
(https://www.cnbc.com/2026/06/16/hormuz-crisis-may-be-easingbut-lower-everyday-prices-may-take-longer-to-arrive.html) and that *should* be a tailwind for grocers. But the canary in the coal mine is screaming louder than the oil narrative: private label penetration is accelerating, which means branded manufacturers can't defend pricing anymore.

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