PSCD News and Press, PowerShares S&P SmallCap Consumer Discretionary Pf From 10/17/23

2023-10-17 11:12:00 ET Summary We saw a robust US retail sales report for September plus upward revisions to August's report. This reinforces the view that the US economy likely expanded at a 4% annualised rate in Q3. Headwinds are set to intensify, but for now the US consumer...

2023-09-29 03:45:00 ET Summary Supply chain activity has largely returned to normal, although uncertainties remain around corporate strategy, global trade policy, and environmental measures. Lower consumer demand is evident in US seaborne imports of consumer goods that have fallen...

2023-09-29 02:25:00 ET Summary Massively inflated during the pandemic, corporate profits are still not normalizing, and bode well for future investments and economic growth. Corporate profits rose 1.3% from the prior quarter and 6.2% year-over-year, to a seasonally adjusted annual...

2023-09-19 12:48:37 ET More on Invesco Exchange-Traded Fund Trust II - Invesco S&P SmallCap Consumer Discretionary ETF For further details see: Invesco SmallCap Consumer Discretionary ETF declares quarterly distribution of $0.2659

2023-09-18 19:40:00 ET Summary The health of the U.S. consumer is just fine, despite many economists worrying that spending might slow in 2024 and lead to a recession. Analysts are fretting that the consumer could stumble as college loan payments resume and several million lose Me...

2023-09-15 15:01:49 ET Summary ETD has been a solid source of returns over the past year. We highlight some of the admirable qualities of this business. Nonetheless, we also touch upon why it isn't a good bet at this juncture. Introduction Over the past year,...

2023-09-11 20:25:00 ET Summary Resilient consumer spending has been a pillar of the US economy. While activity may soften, we think the consumer will help the coming slowdown stay mild. Household expenditures account for more than two-thirds of US gross domestic product, making co...

2023-09-06 23:30:00 ET Summary The primary reason why sentiment might be low is because sentiment tends to lag. If you review past recessions sentiment will always decline during a recession. Real wages tricked us on the upside, then depressed us on the downside. Real wages su...

2023-09-02 00:25:00 ET Summary Manufacturers' New Orders for Durable Goods and the PMI (Purchasing Managers' Index) for manufacturers were reported last week. The rule of thumb which has been repeated many times is that when the PMI falls below 50, it forecasts recessions. The...

2023-08-30 14:09:00 ET Summary Some consumer discretionary stocks have performed better than others. Luxury, homebuilding, and travel have been a bright spots. Discounters may begin to do better as consumers seek deals. With a potential recession ahead, what's the ou...