RHS News and Press, Invesco S&P 500 Equal Weight Consumer Staples From 03/15/23

2023-03-15 22:12:00 ET Summary Retail sales in February dipped 0.4% from the huge spike in January, to $698 billion. So is this tiny dip in February off the huge spike in January a sign that consumers are tapped out? Consumers are still spending like drunken sailors, especiall...

2023-03-10 02:52:00 ET Summary Inflation is not moving down as much as people are anticipating. Labor is showing signs of resilience and strength. The leading indicators are telling us that although things are looking good now, that may not hold up as we get to the back half o...

Summary As Europe strives to end its reliance on Russian crude oil, the future does not look good for Russia. Sadly, the Biden Administration is still playing politics with our Strategic Petroleum Reserve. In the wake of stunning January retail sales report, most economists will be ...

Summary Higher inflation and higher interest rates remain a headwind. International stock market indices are doing better than major U.S. stock market indices. There is a case for the continuation of the downtrend or a new uptrend. In this article we will review economic d...

Summary To date, 103 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2022, representing 51% of the index. All eyes are on Walmart and Home Depot as they kick off Q4 retail earnings season. Walmart’s e-commerce is expected to grow a r...

Summary Larger surprises were in vehicle and restaurant sales as economic activity continues to exit the COVID era. Unexpected and significant retail sales gains occurred in vehicle sales and restaurants. Past economies have expanded at much higher rates. Real Retail Sales...

Summary No industry in this sector is really attractive, but household products and tobacco look safer than the rest. Personal care and staple/food retail are the most overvalued. We look at Invesco S&P 500 Equal Weight Consumer Staples ETF, an equal-weight alternative to XLP. ...

Summary Economists were expecting a sharp recovery in US retail spending in January, but the actual number blew past even the most optimistic forecast. The strength in retail spending and payrolls in January conflicts with a variety of broad business-cycle indicators that reflect a weak...

Summary Over the past couple of months, we have seen a clear downtrend emerge in the coincident measure of economic growth, suggesting we are on the path to recession. Inflation is also clearly rolling over. However, this is not the case within the labour market nor the services sector,...

Summary Why investors may be missing the big picture in the markets. Equity markets are facing volatility, but opportunities remain. Markets are off to a strong start, but that may fade soon. Equity markets are off to a strong start this year, but those gains are b...