Ross, TJX, and Walmart reveal how the real engine of the U.S. economy is doing

Ross Stores just called out increased activity across all income cohorts. TJX told us how incredible the inventory selection is. This booming business at off-price retailers is further evidence that shoppers are feeling increasingly strained. Investors need to pay attention, even if these companies aren't in their portfolios, because consumer spending drives two-thirds of the American economy. …