KXI News and Press, iShares Global Consumer Staples From 04/14/23

2023-04-14 14:19:43 ET Wall Street investors will closely be watching key earnings in the upcoming trading week as some of the largest companies are set to deliver Q1 results. Some of those names include Bank of America ( NYSE: BAC ), Lockheed Martin Corporation ( NYSE: LMT ...

2023-04-07 10:05:00 ET Summary The Conference Board Consumer Confidence Index, a measure of household sentiment about their current and forward-looking financial situation, has held up reasonably well although understandably lower than the stimulus-aided optimism evident in early 2021...

2023-04-01 03:40:00 ET Summary Why the U.S. consumer continues to spend. As inventories begin to shrink, will retailers regain their pricing power and margins? Why consumer resilience is helping to push the chance of an economic slowdown further away. Even wi...

2023-03-18 08:00:00 ET Summary This is the second most overvalued sector, and no industry looks really attractive. The most overpriced one is personal care products. Fast facts on iShares Global Consumer Staples ETF, an international alternative to XLP. This monthly ...

2023-03-17 04:30:00 ET Summary The Q4 2022 blended earnings growth estimate now stands at -21.5%. For Q4 2022, eight out of the 11 consumer-related industries have turned negative. Retailers are reporting earnings and are warning us not to expect too much from them for the cur...

2023-03-16 21:41:00 ET Summary Real Personal Income and Retail Sales have been holding at recent highs despite voluminous calls for recession and claims that consumers have pulled back spending. We should be surprised that post-lockdown spending has held up as well as it has and s...

2023-03-15 22:12:00 ET Summary Retail sales in February dipped 0.4% from the huge spike in January, to $698 billion. So is this tiny dip in February off the huge spike in January a sign that consumers are tapped out? Consumers are still spending like drunken sailors, especiall...

2023-03-10 02:52:00 ET Summary Inflation is not moving down as much as people are anticipating. Labor is showing signs of resilience and strength. The leading indicators are telling us that although things are looking good now, that may not hold up as we get to the back half o...

Summary As Europe strives to end its reliance on Russian crude oil, the future does not look good for Russia. Sadly, the Biden Administration is still playing politics with our Strategic Petroleum Reserve. In the wake of stunning January retail sales report, most economists will be ...

Summary To date, 103 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2022, representing 51% of the index. All eyes are on Walmart and Home Depot as they kick off Q4 retail earnings season. Walmart’s e-commerce is expected to grow a r...