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Starbucks: Brewing Excellence and Undervalued Stocks

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Starbucks Workers Join Striking Writers Guild And SAG-AFTRA Picketers

JPMorgan calculates that consumers still retain about $1 trillion in excess savings from the pandemic. Recent US Retail Sales reports have been robust, although holiday spending fell slightly below estimates (+3.1% as reported by Mastercard SpendingPulse versus the +3% to +4% National Retail Federation forecast). Furthermore, there has been soft data from China recently, posing a challenge to large multinational consumer companies with a significant presence in that region.

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