The summer of the "very stretched consumer"

Consumer confidence is down in the dumps. We got lots of retail earnings reports this week, and they hinted at the continued K-shape of our economy, where wealthier consumers spend and buoy retailers while lower-income consumers scale back. What does this mean for retailers like Dollar General, Kohl's, Walmart, and Amazon? Then, we'll recap escalating trade tensions between the U.S. and Canada and how they could hit the automotive industry particularly hard.

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