[cuban leaf]

Walmart and Target earnings misses = the possible start of a material consumer spending pullback

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Could it not also mean they are in the “temporarily eat the increased wholesale costs” phase? And would that not be followed by the “pass the cost on to the consumer” phase?

[hardspunned]

That’s what the trucking industry has been doing. The truckers are now all tapping out. That $6, $7, $10 fuel is about to be passed on directly to you and me. Things will really get chaotic and incredibly expensive when most of the independent truckers in the country are driven to bankruptcy.