May 27, 2026 – 12.00pmA bunch of former market darlings are expected to be booted from the ASX’s biggest indices in the coming weeks as investors shun consumer discretionary stocks over fears the economy is headed for a recession.Mexican-style fast food chain Guzman y Gomez and furniture retailer Temple & Webster are set to be evicted from the premier S&P/ASX 200 Index along with hotel room aggregator Web Travel Group during next week’s quarterly rebalance, according to Morgan Stanley. The changes take effect a fortnight later.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles