From SBUX and MCD ER

Low end consumers are at the edge of fall. Rate cut is needed when we get into summar/fall time. 

I still think market will have quite a bit ups and downs from May to Sep. But it is set up for a year end run.

AAII sentiment is much balanced now. 

 

COCA price dropped significantly. I think HSY and PEP will do well in second half. AAPL and TSLA will do well also.