RXI News and Press, iShares Global Consumer Discretionary From 06/15/22

Retail sales and food-services spending fell 0.3 percent in May following a 0.7 percent gain in April. Real total and real core retail sales are both well above prior trends. Overall, retail sales fell for the month and were dragged down by slower auto sales but remain well above ...

US retail sales were softer in May and there were downward revisions to April. Nonetheless, consumer spending can still grow strongly in the second quarter given a greater focus on services such as leisure and entertainment. However, the cost of living squeeze means households are...

As inflation surges, consumers are feeling the increased pricing pressures from all sides right now. The increased volatility and peak in oil prices seemed to take place as the end of an excess phase bubble was starting to unwind. Watching IYC move lower over the past 7+ months an...

Have we seen the worst of expectations for Fed hikes? Retailer discounting a driver in the rollover of inflation expectations. Beware of backward-looking earnings estimates. For further details see: Beware Of Backward-Looking Earnings Estimates

The year-over-year change in core CPI peaked in March and is coming down, albeit slower than we’d all like to see. The economy is slowing in some areas and inflation is still high but probably peaking. Bond yields are starting to look pretty attractive relative to stock div...

The broader retail space has been weak relative to the S&P 500 so far this year. On a YTD basis, the VanEck Vectors Retail ETF has underperformed the S&P 500 by 4.5 percentage points, trading down by 18.2% as of today. The market seems to believe that consumers will move d...

According to the latest estimates from deStatis, retail sales crashed by 5.4% in April 2022 when compared to March; nearly identical m/m results from the prior April. Only this time, no case count conundrum or overstimulated government in sight. No one can blame the pandemic for this ...

The economic news emanating from Britain and the European Union is continuing to come in weak, as many European countries are expected to slip into a recession this year. While inflation may be ebbing in China and the U.S., inflation is still accelerating in Britain and the rest of Eu...

McDonald’s stock has strong upside based on the company’s ability to outperform competitors in challenging environments, superior distribution network, and more. McDonald’s superior operation enabled the company to not just survive in an extremely challenging envi...

Retail sales have spiked over the last few months. Online retailers aren’t fairing much better. Inflation creates the illusion of retail strength. For further details see: Retailers Getting Hammered By Rising Costs