With the recovery of US economic data and strong profits, the US stocks have started a big rebound and regained all the lost ground since August. However, whether the optimistic expectation for the US economy can be sustained remains to be seen.$Walmart (WMT.US)$Next week, US retail giants Target Corp, Macy's Inc., and TJX Cos. will release their financial reports, and Wall Street will closely watch to find more evidence of the resilience of the US economy.

Walmart's strong performance is due to consumers turning to low-priced products. Although Walmart's performance looks strong and is expected to increase its net sales by as much as 4.75% this year, a deeper analysis reveals some signs of unhealthy consumption.

Analysis indicates that Walmart's shoppers are buying necessities rather than high-priced products, and the company's growth is achieved by taking market share from competitors.

John Zolidis, the founder of consumer advisory firm Quo Vadis Capital, said: This is not a truly positive, comprehensive, and clear signal. When you consider most of the data we see, all companies say that we are still in a state of weak consumption, and this will lead to a conclusion drawn from other retailers.

Michael Landsberg, chief investment officer of Landsberg Bennett, believes that Walmart has always claimed to have low prices and has lowered prices on many things, indicating that the US business community sees a slowdown in consumption.

Consumer spending is the biggest driver of US economic growth, accounting for two-thirds of it, so retail revenue is particularly important. Although many companies in this field have not yet released results, other consumer-facing companies have painted a bleak picture as rising costs have pushed up budgets and pandemic savings have dwindled.

Papa John's (PZZA.US) reported mediocre quarterly sales due to reduced dining out by Americans. Meanwhile, packaged food manufacturers have lowered their revenue forecasts for this year.

Updated signals indicate that consumers are becoming more picky when booking holidays.

More retail stocks will confirm the health of consumer spending in the future. Looking ahead, investors will closely watch the performance of TJX Cos. on Wednesday, and later this month for Co. and Walmart.

mcdonald's (MCD.US) The victim of the concentrated rise is diversification. Bonds as an asset class are still underperforming this year. Relevant index tracking raw materials only rose 3%. According to analysis, only 23% of equity ETFs can outperform the S&P 500. Strategies that pursue performance, such as actively managed ETFs, quantitative-based intelligent$Papa John's (PZZA.US)$The updated signals indicate that consumers are becoming more picky when booking holidays.$Hershey (HSY.US)$And.$The Kraft Heinz (KHC.US)$More retail stocks will confirm the health of consumer spending in the future. Looking ahead, investors will closely watch the performance of TJX Cos. on Wednesday, and later this month for Co. and Walmart.$Airbnb (ABNB.US)$And.$Expedia (EXPE.US)$More retail stocks will confirm the health of consumer spending in the future. Looking ahead, investors will closely watch the performance of TJX Cos. on Wednesday, and later this month for Co. and Walmart.

More retail stocks will confirm the health of consumer spending in the future. Looking ahead, investors will closely watch the performance of TJX Cos. on Wednesday, and later this month for Co. and Walmart.

Looking ahead, investors will closely watch Wednesday. $Target (TGT.US)$,$Macy's (M.US)$And.$TJX Companies (TJX.US)$More retail stocks will confirm the health of consumer spending in the future. Looking ahead, investors will closely watch the performance of TJX Cos. on Wednesday, and later this month for Co. and Walmart.$Best Buy (BBY.US)$ More retail stocks will confirm the health of consumer spending in the future. Looking ahead, investors will closely watch the performance of TJX Cos. on Wednesday, and later this month for Co. and Walmart.$Dollar General (DG.US)$ More retail stocks will confirm the health of consumer spending in the future. Looking ahead, investors will closely watch the performance of TJX Cos. on Wednesday, and later this month for Co. and Walmart.

D.A. Davidson analyst Michael Baker had lowered earnings forecasts for several companies, including Target, prior to the release of the results. He believes that retailers are more likely to lower rather than raise performance guidance in the second half of the year. In Baker's view, Walmart is a big winner. Focusing on discounts, coupled with better execution, especially in e-commerce, is helping the company gain market share and attract higher-income shoppers. $Ulta Beauty (ULTA.US)$Inflation cooling off is another key factor affecting spending. The latest data from the US Bureau of Labor Statistics shows that potential inflation in the US fell for the fourth consecutive month in July compared to last year.

Cayla Seder, Macro Multi-Asset Strategist at the Bank of America, said that recent data shows that consumers are still strong but slowing down, which is consistent with the Fed's preparation for a slow rate cut. $State Street (STT.US)$Next week's Jackson Hole Global Central Bank Annual Meeting is expected to feature a speech by Federal Reserve Chairman Powell, who has said that a rate cut in September is "on the table." This will help consumers manage their bills.

Consumer remains strong but is slowing down, consistent with the Fed's preparation for a slow rate cut.

Next week's Jackson Hole Global Central Bank Annual Meeting is expected to feature a speech by Federal Reserve Chairman Powell, who has said that a rate cut in September is "on the table." This will help consumers manage their bills.

Editor/ping