Two Trump Trades to Make Today
Plus, the latest on U.S. consumer health November 20, 2024 What Walmart/Target earnings are telling us … how Eric Fry is playing Trump 2.0 with oil … the first “crypto president” and altcoins … Jonathan Rose’s event next Tuesday U.S. consumers are hanging in there…and this bodes well for stocks as we look ahead to 2025. Yesterday, Walmart’s earnings provided insight into the health of Main Street America. Here’s The Wall Street Journal : Walmart said U.S. sales rose during the most recent quarter, propelled by shoppers buying groceries, home goods and toys—a sign that spending is off to a steady start this holiday season. The retail giant raised its sales and profit estimates for the year… “Overall, we are feeling good about holiday,” Rainey said. But “consumers are still discerning,” he said. “They are spending more of their wallets on food than