KXI News and Press, iShares Global Consumer Staples From 07/13/22

Persistently elevated rates of price increases and an intensifying Fed tightening cycle are impacting economic activity. The outlook is for continued economic growth, but risks remain elevated. The combination of record-high home prices and sharply higher mortgage rates have sent ...

The American soda giants Coca-Cola and PepsiCo have been at the forefront of consumerist globalization that has occurred since the West’s victory in the Cold War. Deglobalization will likely damage companies whose revenues and profits are most exposed to the global economy whil...

For Q2 2022, the Refinitiv Retail/Restaurant Index is looking at a -7.6% blended estimated earnings growth rate, and an 8.4% blended estimated revenue growth rate. Currently, low-income consumers are being squeezed the most in the absence of stimulus checks that last year boosted thei...

In “secular” bear markets, staples have historically outperformed much of the broader market, especially tech stocks, and this will likely be the case over the remainder of the 2020s. Staples have also been a relative outperformer during cyclical bear markets, and this w...

It’s still supply chain chaos for retailers, but different retailers face different kinds of chaos. Overall retailer inventories, in terms of months’ supply, are still near historic lows. Inflation in goods – which is what retailers sell – has been far ...

It's hard to go wrong investing in one of the strongest big-box retailers out there. One of the reasons why we like Walmart is not only that the company runs an effective big-box operation, but also that it owns fast-growing Sam's Club. Though operating profit performance during i...

The University of Michigan’s consumer sentiment index's preliminary estimate for June plunged to a record low. The good news from all this bad news is that “contrarian theory” says that when sentiment reaches such historic lows, the only way it can go is up. T...

Cryptocurrencies are bid this morning, and US markets are reopening with a bounce following the steepest losses since March 2020. Short interest bets have now piled on, which can set the stage for a sharp rebound. Rebounds will likely be fleeting as long as central banks remain in...

A drop in big-ticket purchases such as autos serves as a canary in the coal mine. Americans were spending more because of rising prices. The mainstream claims that wages are rising and that enables Americans to keep up with rising prices. For further details see: Retail ...

AIER’s Leading Indicators Index returned to a neutral 50 reading in May, rising four points following an eight-point fall in April. While broad trends and risks continue, there are some signs of inflection in a few areas. The Roughly Coincident Indicators index fell back in...