RHS News and Press, Invesco S&P 500 Equal Weight Consumer Staples From 06/21/20

On the latest edition of Market Week in Review, Senior Quantitative Research Analyst Abraham Robison and Senior Client Investment Analyst Chris Kyle discussed the U.S. Federal Reserve's (the Fed) recent announcement on corporate bond purchases, the latest macroeconomic data and the outlook for...

There was a good bit of excitement on Tuesday with the release of the retail sales report, which came in stronger than expectations. However, the bounce will be difficult to maintain as tapped out consumers face high unemployment and a slow recovery. As we have discussed many times previousl...

Q1 E-Commerce Retail Sales : +2.4 % Q/Q vs. +2.6%  in Q4. More news on: Consumer Staples Select Sector SPDR ETF, Consumer Discretionary Select Sector SPDR ETF, Vanguard Consumer Staples ETF, News on the U.S. economy, News on ETFs Read more ...

By James Knightley April retail sales numbers underline the devastation on Main Street and shopping malls across the country caused by Covid-19 containment measures. Re-opening is now getting underway, but ongoing social distancing means this process will be slow while the surge in unemp...

By Jharonne Martis. Retailers are getting ready to report Q1 2020 earnings. As they navigate through uncharted territory, many are withdrawing their earnings guidance. The coronavirus pandemic has also prolonged retail store closures all over the world. However, some U.S. states are reopen...

BMO Capital Markets analyst Brian Belski says while consumer staples stocks have fared significantly better than the broader market throughout much of the COVID-19 sell-off,  he notes sd the S&P 500 has started to recover the sector has been a notable laggard. More news on: Consum...

Originally published on April 14, 2020 By Robert Hughes Weekly retail same-store sales data from Johnson Redbook reflect the collapse in retail spending as a result of the COVID-19 outbreak. For the week ending April 11, the Redbook same-store sales index tumbled 8.3 percent from the p...

By Jharonne Martis The worldwide COVID-19 pandemic has caused many retailers to close their physical stores, causing a sudden increase of excess inventory. Nike (NKE) alone saw an inventory spike of 7% in the fiscal quarter ending February 2020. Retailers are turning to different measures ...

The U.S. stock market has just gone through the worst quarter in history, and investors are eager to know what this could mean for the markets going forward. Unfortunately, nobody can consistently predict the market, and trying to make those kinds of predictions generally produces more harm th...

"The market is in our view currently pricing a deep recession for the entire year, with no anticipation of light at the end of the tunnel. Reconciling consensus expectations from a bottom-up perspective and the recent price action, which has a more top-down perspective, we believe that the w...