RXI News and Press, iShares Global Consumer Discretionary From 11/01/21

The major US equity indices moved in concert, but the big disappointment so far this year has been small caps. Energy is clearly where the action is this year. After spending years at the bottom of the tables, Natural Gas, Gasoline, and Crude Oil now lead the pack. For furth...

Further to my comments in inventory build belies shortage hype, those in the business of selling the highest fee investment products also are interested in predicting rising prices to encourage buyers. It is also not surprising that cryptocurrency proponents (like Jack Dorsey and othe...

The port bottlenecks and supply shortages have caused goods shortages. Though, for proof that the supply chain disruption is not damaging the economy much, look no further than Friday’s report that retail sales rose 0.7% in September - a huge positive surprise, since economists wer...

The reality of the continuing pandemic has slowed the economic recovery and is reflected in new patterns of spending. People didn’t stop spending during the pandemic. It still remains to be seen if there will be enough of a shift from spending on goods to services to help e...

Taking a look at how the expected Q3 ’21 sector revenue growth rates have changed since mid-August ’21 or the unofficial end of Q2 ’21 earnings season. Per Bespoke’s research, the S&P 500 has now reached “extremely oversold” levels, worse ...

Global Private Equity is in the lead, up 19.7% after its 2020 gain of 12.5%. Emerging Markets are the laggard with a YTD gain of just 1.5%. Commodities have come on strong this year after losing -7.8% last year. US REITs have rebounded strongly from last year's -4.7% decline. High...

Fernandes: U.S. retail sales in June 2020 were already higher than in December 2019. Fernandes: US consumer is in a much better position than they were in 2008. Fernandes: We see a potential slowdown in China as a potential risk to the U.S. corporate earnings outlook. For fu...

Stimulus-fueled retail sales started spiking last year, culminating in a mind-blowing free-money blow-off top in April. In dollar terms, overall inventories ended July at $603 billion, unchanged since April, and down 9.3% from two years ago. Supermarkets have recovered from the em...

There is one critical problem for supposing the ever-so-slight calm in inflation mean anything. The Fed’s own argument of the “base effect” now works against it. One of the Fed’s biggest excuses for claiming inflation would be transitory was that most of it...

Capital expenditure expectations appear to have recovered from pre-pandemic levels in most major regions and are trending upwards according to analyst estimates. For the U.S. index, the 12-month forward capital expenditures estimate is currently $885.6 billion, up 13.8% year-over-year...