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Most people have never heard of John Boyd, even though he was one of the greatest fighter pilots in U.S. history. His nickname was “40-Second Boyd” because he could beat any opponent in a dogfight in less than 40 seconds.

Betting against the American consumer is rarely rewarded. Consumer spending remains the core engine of U.S. economic growth, with weekly Redbook retail sales consistently posting annual gains above 5% over the past year.