American consumers show no sign of slowing down

Chuck Zodda and Mike Armstrong react to the jobless claims and retail sales data that was released this morning, both of which came in better than expected. Walmart beats estimates, raises outlook as it sees stable consumer health. Cisco cutting 7% of its workforce, reports earnings and revenue beat. Alibaba earnings miss expectations despite cloud acceleration. China's economy fails to pick up after worst stretch in five quarters. New breed of EV promises 700 miles per charge, but you still have to add gas.