JRNY News and Press, ALPS Global Travel Beneficiaries ETF From 04/07/23

2023-04-07 08:00:00 ET Summary From an investing perspective, consumer discretionary stocks have performed relatively strongly this year even through market volatility. XLY is up 14.5% YTD compared to XLP, which is up 0.5% YTD. Consumers with higher incomes are less sensitive ...

Summary Passive, index-based ETFs offer simplicity, which can be valuable when dealing with complex strategies. But active strategies have the advantage of being flexible in volatile markets. This is especially true for thematic strategies with limited pure-play constituents. Blockchain...

Summary Some investors may not see a space for thematic investing in their portfolio, but thematic ETFs can serve in a variety of different roles within a portfolio. Thematic investing is based on long-term megatrends rooted in shifts in consumer preferences, regulatory changes, or inno...

Summary A progress report on inflation: Inflation appears to have peaked, led by improvements in core goods prices and rate-sensitive sectors like housing. The policy focus has shifted to labor market normalization where early signs of progress are emerging. Is a soft landing in sight? ...

Summary Companies that were growing significantly are now implementing cost-cutting measures - and perhaps the most visible change to investors has been large-scale layoffs and hiring freezes. Twitter announced it was laying off half of its workforce (around 3,700 employees - alth...

Summary We believe a growing middle class, hybrid work arrangements and technological advancements likely will keep the travel industry aloft. Data from the Brookings Institution suggests that, by 2030, the global middle class will have grown to 5 billion, up from 2.2 billion at t...

Summary Over the past couple of years, leisure travel has driven both airline and hotel demand, while business travel remained suppressed. Both Marriott and Hilton have reported a significant recovery in business travel, which includes both group travel and business transient trav...

Summary How a recession may undermine the rebound for airlines. The capacity issues facing the airline industry. Why European airlines are warning of rough days ahead. Airlines have benefited from a surge in demand as would-be travelers emerge from the pandem...

Summary Airlines have little flexibility in wages since employees are largely unionized and have collective bargaining power to set prices. After a large number of pilots retired early during the pandemic, airlines have still been looking to hire in these already difficult-to-fill...

As socializing becomes the norm again, many consumers are willing to spend on discretionary items, luxury services, and premium products, which has readthroughs for the broader travel industry, particularly with higher airfares and overall travel prices. LVMH Moët Hennessy Louis ...