(https://www.marketwatch.com/story/consumer-spending-posts-smallest-increases-in-14-months-is-the-economy-getting-weaker-1580cec6?mod=mw_rss_topstories)—Americans are pulling back on gas, new cars, and recreational vehicles. Here's what gets missed: staples retailers like $WMT and $KR are actually positioned *to gain* from this because they capture the trade-down effect.

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