From My Morning Brew Buddies

When inflation spikes, even high rollers start to consider subbing out Patrón for Cuervo—and that’s good news for businesses selling cheaper goods. Walmart blew past analysts’ expectations when it reported its quarterly earningsyesterday, with sales growing more than 8% thanks in part to attracting more high-income shoppers. On the grocery side, around 75% of Walmart’s …

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