Consumer Spending and Incomes going down was a standout in the latest PCE data, says Mish Schneider. The slight uptick in core inflation to 2.7% was more than expected, but "not a huge surprise" to her. She posits the question: is the U.S. economy showing signs of disinflation or stagflation? Mish says there are 3 major factors where we go from here: oil prices, Fed Policy and the "Big, Beautiful Bill." In terms of positioning, she likes Silver, "Made in the USA" companies, E.V. and Solar companies. Later, she makes the case for staying in Rivian (RIVN) and Tesla (TSLA).