President Donald Trump’s 90-day pause on reciprocal tariffs returned a semblance of stability to the markets instead of the continued bloodbath following the initial “Liberation Day” announcement on April 2. However, the global economic order remains on tenterhooks due to the looming threat of a recession and heightened inflation expectations as tariffs are expected to ultimately hit the end consumer.
As apprehensions soar around the twin devils of inflation and recession, leading to a scenario of stagflation, consumer spending would shrink. And as investors, this appears to be creating an opportune moment to load up on the shares of two of the most popular discount retailers in the country.
