joining me now is david bellinger at mizuho. is a key week for a lot of different reasons, but the consumer is in focus. what exactly can we expect in your mind? >> hey, dom. thanks for having me on this morning. i think it is clear the pace of the consumer spending has moderated. we are looking for as we get to earnings season and we hear from home depot tomorrow and walmart later in the week. it seems investors are baking in a weak q2 period. you have some of the broad based lower-end consumer trickling across or migrating to the middle-income earning slowing down a bit. it seems as though the numbers have been couched for a weaker q2 period. maybe we get guide downs for the companies. if we couple that with the lower back half guide is expected. >> within your coverage universe, the keys for you, the big names you focus on is lowe's and home depot. you've got a lot of other names you look at. chewy, auto zone. discretionary names. with lowe's and home depot, how indicative is this of the consumer or indicative of the housing