RHS News and Press, Invesco S&P 500 Equal Weight Consumer Staples From 11/11/22

Summary In today's issue of the 1-Minute Market Report, I examine the market bounce since the October low, and highlight the areas of the market that are leading the way higher. On Thursday, for every stock that was down, there were 26 that were up. For the first time since August...

Summary Amazon’s global exposure is also being hit by macroeconomic issues as rising inflation continues to diminish the consumer’s purchasing power. The much-anticipated “Lord of the Rings” series did help subscription revenue rise to a new high in dol...

Summary Mondelez International, the maker of Sour Patch and Cadbury chocolate, is on track to post stronger revenue than in the previous three years. Similarly, Hershey is on track to post stronger revenue compared to its pandemic and pre-pandemic levels. In collaboration with...

Summary The mismatch between supply and demand within the retail space has reversed in advance of this year’s holiday shopping season. Higher prices that retailers have successfully implemented since the pandemic are not going to reverse entirely. Higher inventory level...

Summary We forecast Halloween candy prices to be up 14% over last year. Purchases of candy (i.e. volumes) have been trending lower since last October, partly in response to rapidly rising prices. Total spending on Halloween candy, at $3.2 billion, is expected to be only 1% abo...

Summary Tobacco is the industry with the best value and quality scores in the sector. Staples and food retail is the most overvalued one. VDC fast facts. 10 stocks cheaper than their peers in October. This monthly article series shows a dashboard with aggregate i...

Summary PPI and CPI numbers came out last week, and both were higher than expected. Fed officials are concerned about the persistence of high inflation, and a 0.75% key interest rate hike at the November FOMC meeting is virtually certain. Worldwide demand for crude oil naturally r...

Summary E-commerce valuations ebbed as cooped-up consumers craved real-world experiences - but a closer look at the data suggests online shopping is unlikely to retreat. Since the height of the COVID-19 pandemic, e-commerce’s share of total retail sales has fallen to 14.5% ...

Summary Balancing inventory supply and demand is simple in theory, but difficult to execute. Retailers misestimated categories of demand and logistics issues, leading to more late arrivals. The winners will be consumers who take advantage of heavy promotional activity. ...

Summary We expect macro headwinds will continue to pressure U.S. corporate earnings in the coming months. We expect earnings expectations to decline as multinational firms realize foreign exchange headwinds that accelerated over the past year. Investors can avoid undue interna...