KXI News and Press, iShares Global Consumer Staples From 10/05/21

The reality of the continuing pandemic has slowed the economic recovery and is reflected in new patterns of spending. People didn’t stop spending during the pandemic. It still remains to be seen if there will be enough of a shift from spending on goods to services to help e...

Taking a look at how the expected Q3 ’21 sector revenue growth rates have changed since mid-August ’21 or the unofficial end of Q2 ’21 earnings season. Per Bespoke’s research, the S&P 500 has now reached “extremely oversold” levels, worse ...

Fernandes: U.S. retail sales in June 2020 were already higher than in December 2019. Fernandes: US consumer is in a much better position than they were in 2008. Fernandes: We see a potential slowdown in China as a potential risk to the U.S. corporate earnings outlook. For fu...

Stimulus-fueled retail sales started spiking last year, culminating in a mind-blowing free-money blow-off top in April. In dollar terms, overall inventories ended July at $603 billion, unchanged since April, and down 9.3% from two years ago. Supermarkets have recovered from the em...

There is one critical problem for supposing the ever-so-slight calm in inflation mean anything. The Fed’s own argument of the “base effect” now works against it. One of the Fed’s biggest excuses for claiming inflation would be transitory was that most of it...

Visa SMI registered 111.7 for June, down 11.6 points from the May reading of 123.3; reading above 100 suggests consumer spending was expanding Y/Y.Visa U.S. Spending Momentum Index ((SMI)) is an economic indicator designed to be a timely gauge of the health of consumer spe...

The global economy expanded rapidly again in June, according to the JPMorgan Global PMI. Of the 26 sub-sectors covered by the IHS Markit Global PMI, the fastest expansion was seen for tourism & recreation. One encouraging sign from the US is that growth of demand for consumer ...

As the world convalesced from the pandemic, stocks advanced in the second quarter and earnings rebounded across sectors. With business gains broadening amid complex market risks, we think investors should lean on quality to find stocks that will perform well in a normalizing world eco...

Early lockdown measures and supply chain disruptions induced a spike in consumer food prices. Ocean freight rates as measured by the Baltic Dry Index (a measure of shipping costs) have increased around 2-3 times in the last 12 months. From their trough in April 2020, international...

Since the start of earnings season, stocks have been range-bound and volatility has risen, up around 40% from the early April low. Cyclical sectors have been leading since the fall, while tech has been a funding source, as investors reposition for the fastest growth in decades. In...