While all eyes have been on current events around the world reports indicate that consumers in the US are not buying as much as they have in the past. Is this an indicator to stocks of Walmart and other grocery and merchandise companies? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business Varney & Co. to discuss what may be impacting consumer spending whether it’s current events around the world, this administrations economic policy or a little of both.
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Tags: consumer spending, ed butowsky, fox business, walmart