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Retail takes the spotlight in the coming days with earnings out from industry leaders including Walmart, Target, Kohl’s and Macy’s among others.

One big question facing investors is how well these companies are grappling with the dual threats of supply chain bottlenecks and spiking inflation this holiday season.

Despite those headwinds, New Street Advisors founder Delano Saporu believes in the strength of the U.S. shopper.

“The big thing on the consumer sentiment side, I still think that’s very, very strong,” Saporu told CNBC’s “Trading Nation” on Friday. “Consumers are still flush with cash, consumers are wanting to spend through the holiday season. That is a major strong point now.”

Target…



Source cnbc.com

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