Friday on @CNBCClosingBell with @FrankCNBC, I discussed SpaceX's public debut and our moves in space stocks.
โก๏ธLink: https://t.co/kO4a1ivf3M
@cwp_advisor
Thank you, Frank Holland, for the interesting conversation on Closing Bell.
I thoroughly enjoyed itโthough I could have done without your prediction of the Spurs in six!
@FrankCNBC@CNBC@CNBCClosingBell#economy#markets#economy
I'm set to join @FrankCNBC on @CNBCClosingBell today at 3pm ET!
Be sure to tune in, as I am part of the panel to discuss all of today's events. ๐บ ๐ฟ
We highlighted a similar theme back in March. Looking at fuel spend as a share of wallet, customers of value-oriented and drive-dependent retailers appeared most exposed to sustained gas price pressure.
That helps explain why names like dollar stores and rural-focused retailers such as TSCO tend to screen as higher risk when gas prices rise.
Discussed the broader implications with @FrankCNBC on @CNBCClosingBell as well.