TSLA - Consumer recovery favorites like Carnival make a case for 2021 this week: Sector Watch
Amid the earnings flurry this week, Bloomberg will host a virtual event that will focus on how the disruptions of 2020 will impact navigating 2021.Tuesday’s session will be of particular interest as executives from among the Consumer Discretionary (XLY) subsectors hit hardest by the pandemic appear, Seeking Alpha’s Catalyst Watch notes.At 12:05 p.m. ET, Hilton (HLT) CEO Christopher will appear for his Q&A. At 12:25 p.m. ET, Carnival Cruise Lines (CCL) CEO Arnold Donald will be the feature of a discussion. And Kohl’s (KSS) CEO Michelle Gass will talk about retail trends at 12:50 p.m. ET.Consumer discretionary has been one of the most intriguing S&P sectors during the pandemic given the different groups. There were the early e-commerce and discount-retail winners, but the beaten-down groups, like those represented at the event, have always had a strong Robinhood enthusiasm as comeback plays.That was often hidden by its overall performance being dominated
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Consumer recovery favorites like Carnival make a case for 2021 this week: Sector Watch