In the past few months, there's been weakness in the retail space because of early holiday spending, but recent strength in the space indicates a return to the norm for U.S. retailers. That's good news, and the domestic retail environment is still the place to be. Retailers that have the most international exposure are seeing the most weakness right now. If you're looking to invest, take a look at Macy's, Costco, and Home Depot. They are all well-run and heavily U.S.-focused retailers that Austin likes today.
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