RHS News and Press, Invesco S&P 500 Equal Weight Consumer Staples From 07/18/21

Retail sales in June rose to $621 billion (seasonally adjusted), but after the 1.7% drop in May, remain below March and April. New & used auto dealers and parts stores' sales fell 2.0% in June, to $132 billion, seasonally adjusted. Ecommerce and other non-store retailers' sale...

When the markets goes on the make a new high and all economically sensitive sectors such as these do not confirm the new high, it is a clear signal the new highs are not being supported by economic fundamentals. We are seeing significant bearish divergences in almost all measures of b...

baona/iStock via Getty Images As concerns dwindle over gathering in crowds or attending public events, 86% of Americans plan to celebrate Independence Day this year, up from 76% in 2020. Those who do have plans for the holiday are forecast to spend about $80 on food items - in line with histo...

Strategas Head of Technical Strategy Chris Verrone takes us through some market insights. The trend of this market is up, but momentum has started to soften under the surface. Over the last few months, participation has narrowed a little as fewer stocks move higher along with the mark...

Last Tuesday, while the Federal Open Market Committee was meeting in Washington, DC, the Labor Department reported that the Producer Price Index (PPI) rose 0.8% in May, which is significantly higher than the economists’ consensus estimate of a 0.5% increase. Food prices rose 2....

Invesco 500 Equal Weight Consumer Staples ETF (RHS) - $0.5572.30-Day SEC Yield of 1.99% as of June 18.Payable Jun 30; for shareholders of record Jun 22; ex-div Jun 21. For further details see: Invesco 500 Equal Weight Consumer Staples ETF declares quarterly distribution of $0.5572

Last week the Fed met, and for a few hours everyone thought it meant one thing, but by the next day, everyone had decided that it didn’t mean that at all. In the end, bond yields barely moved and the outlook for the economy only changed mildly. The 10-year Treasury note yield w...

May retail sales equals $620.2 billion and is sharply above the pandemic low of $409.8 billion. The strong consumer demand has overwhelmed retail and business inventory levels, and this shows in the low inventory-to-sales ratio of these segments. On the other hand, shortages of se...

Retail sales and food-services spending fell 1.3% in May following gains in three of the prior four months. Core retail sales, which exclude motor vehicle dealers and gasoline retailers, posted an 0.8% decline for the month, leaving that measure with a 23.8% gain vs. a year ago. F...

At first glance, May’s retail sales report, like April’s, looks like a big miss, as sales declined -1.3% nominally, and after adjusting for inflation, declined -2.0%. Retail sales are 18% higher than they were in February 2020. Vaccine-driven economic recovery, subdu...