JHMC News and Press, John Hancock Multifactor Consumer Discretionary From 08/03/22

Global equity markets went into a protective crouch last quarter, and factor performance followed suit. The collapse in Consumer Discretionary and/or Technology stocks was a dominant driver of global factor performance in Q2. The Quality premium versus Value has returned to its lo...

The inflation surge has dominated the narrative for equity investors in 2022. Computer chip shortages, COVID shutdowns, and the war in Ukraine have combined to create broad supply chain bottlenecks that limited automotive production globally. In this environment, investors in US e...

Influencers and social media trends have reignited the beauty industry in recent years. Sneakerheads and workout apparel enthusiasts unite under one mindset: performance over anything else. Historically, dollar stores have been key beneficiaries of trade-down behavior. T...

Macroeconomic headwinds, including declining consumer confidence and elevated energy prices, have been driving down BBY's stock price. Although we believe that these headwinds are temporary, due to the near-term uncertainty, there may be further downside risk ahead. Both BBY's val...

On the heels of a surprise 50-basis-point increase in the ECB’s target rate the FOMC will likely make good on another 75-basis-point increase in its target federal funds range. Governor Waller stated that he favored another 75-basis-point increase, as has St Louis Fed President...

The majority of consumers have lost a lot of purchasing power over the last year. For the average consumer, the reality is not shaped by how much the government tells them things cost, it’s shaped by their personal reality when they go shopping and pay their bills. Consumer...

The S&P 500 Index closed out the week ending July 22 with a gain of 2.57%. The index is also now trading above its 50-day moving average. Many other indexes are showing technical improvement as well and are trading above their 50-day moving averages. This is certainly a positive t...

First quarter results were a huge disappointment as cost pressures reduced operating income as well as earnings per share. Over the long run, Target should be able to fight inflation and the company is also rather recession-proof. And after losing almost 50% of its previous value,...

Carnival has incurred huge dilution, defined as share dilution, and a debt built up since the start of the pandemic. I feel as if this is not recognized by investors, as a reopening of the operations has not resulted in lower losses. Higher fuel and interest costs only add to the ...

In our last article, we rated TGT as hold, due to its overvaluation. Since then, its stock price has fallen by about 27%, making the stock much more attractive. In our opinion, the potential negative impacts of the macroeconomic headwinds are already priced in. The safe, sustainab...