SSPY - 2020 S&P 500 Sector Growth Rates Updated: Watch Consumer Discretionary
The two sectors highlighted in heavy black borders are the sectors which are seeing higher estimated earnings growth revisions of late, or at least in the case of the Consumer Discretionary sector, higher estimates of growth rates over the last 60 days.
This Bespoke chart just above (from the sector snapshot report dated 11/29/19) shows the recent breakout for the Consumer Discretionary sector, which corresponds to the higher expected 2020 growth rate revisions.
Here's how Bespoke described the above Sector Snapshot chart last Friday, 11/29/19:
"We'd been noting weakness for Consumer Discretionary relative strength over