PSCD News and Press, PowerShares S&P SmallCap Consumer Discretionary Pf From 05/12/22

With the world facing inflationary and geopolitical hurdles, economic growth is poised to slow. Shares across sectors have been hit hard. Investors in growth stocks must identify companies with the right features to overcome headwinds to earnings. For further details see: ...

Vera Bradley is a very cyclical business which is unable to post continued growth. The cyclical and volatile performance is partially offset by a rock-solid balance sheet. The very cyclical share price developments offer trading opportunities as the new lows start to look compelli...

Vista has provided us with two updates: its fiscal 2022 performance and its plan to split the company in two. It has performed tremendously in fiscal 2022, delivering 37% revenue gains and outstanding margin expansion to each of its segments. The future is bright. Despite current ...

While inflation is too broad a factor to be fully captured by any one stock, my current top pick for an "inflation stock" is Chinese jeweller Luk Fook. Three factors I believe are likely to drive Luk Fook's outperformance in an inflationary environment are its balance sheet, luxury pr...

Gentherm provides luxury thermal solution for cars. The company has been hit by inflation and component availability but has been doing alright given these conditions. I like the business, and moreover, the company announced a nice bolt-on deal of Alfmeier, though the first quarte...

Consumers continue to spend at a healthy pace. But will it last? Will consumer discretionary stocks get more love this year? Kim Parlee speaks to Jacky He, Global Consumer Discretionary Analyst, TD Asset Management, about the health of the consumer. For further details see: ...

We don’t see a wage-price spiral. Companies are actually paying less in labor per unit of output, we find. We think wages can rise more without adding to inflation. The S&P 500 plunged to new 2022 lows last week. We remain overweight equities in the inflationary backdrop bu...

Inflation and rising interest rates create an uphill journey for the consumer and the economy. Rising treasury yields, elevated inflation and slowing real economic growth are factors being watched by both equity and fixed income investors. Year-to-date, equity market volatility sp...

St. Louis Fed President James Bullard, in an interview with the FT last week, said it is a “fantasy” to believe that the Fed can bring down inflation sufficiently without raising key interest rates to a level where they will constrain economic growth. The good news is th...

Retail sales and food-services spending rose 0.5 percent in March following a 0.8 percent gain in February. In real terms, total retail sales were down 0.7 percent (adjusted using the CPI). Categories were mostly higher for the month with ten up and three down in March. The gains ...