RHS News and Press, Invesco S&P 500 Equal Weight Consumer Staples From 07/06/22

For Q2 2022, the Refinitiv Retail/Restaurant Index is looking at a -7.6% blended estimated earnings growth rate, and an 8.4% blended estimated revenue growth rate. Currently, low-income consumers are being squeezed the most in the absence of stimulus checks that last year boosted thei...

In “secular” bear markets, staples have historically outperformed much of the broader market, especially tech stocks, and this will likely be the case over the remainder of the 2020s. Staples have also been a relative outperformer during cyclical bear markets, and this w...

Mondelez Inc. is U.S.-based food and beverage company with global presence. I see Mondelez as a defensive investment, giving investors exposure to steady. The company has proven earnings resiliency even in challenging macro-environments and the stock outperformed during past reces...

Kimberly-Clark has a fantastic business that has been around for 150 years. It's not going away anytime soon. Inflationary pressures are taking a bite out of Kimberly-Clark's operating profits, and price increases haven't been enough to keep things moving in the right direction. T...

It’s still supply chain chaos for retailers, but different retailers face different kinds of chaos. Overall retailer inventories, in terms of months’ supply, are still near historic lows. Inflation in goods – which is what retailers sell – has been far ...

The University of Michigan’s consumer sentiment index's preliminary estimate for June plunged to a record low. The good news from all this bad news is that “contrarian theory” says that when sentiment reaches such historic lows, the only way it can go is up. T...

Cryptocurrencies are bid this morning, and US markets are reopening with a bounce following the steepest losses since March 2020. Short interest bets have now piled on, which can set the stage for a sharp rebound. Rebounds will likely be fleeting as long as central banks remain in...

Invesco 500 Equal Weight Consumer Staples ETF (RHS) - $1.2458. 30-Day SEC Yield of 2.30% as of June 17. 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 $1.2458

Tobacco is the most undervalued industry in the sector, followed by household products. Food/Staple retail is the less attractive one. FSTA, an alternative to XLP. 7 stocks cheaper than their peers in June. For further details see: FSTA: Consumer Staples Dashboard Fo...

A drop in big-ticket purchases such as autos serves as a canary in the coal mine. Americans were spending more because of rising prices. The mainstream claims that wages are rising and that enables Americans to keep up with rising prices. For further details see: Retail ...