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Cautious American Consumers Have Companies On Edge, And Wall Street’s New Favorite Trade Comes With A Side Of Bad News

Published 5 months ago
Description

From McDonald’s to Kraft Heinz and Planet Fitness, American companies say customers are cutting back – while “NACHO” is the new market shorthand for a longer shutdown in the Strait of Hormuz, and companies are starting to show what that could really cost.

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