VCR News and Press, Vanguard Consumer Discretion From 08/17/21

The S&P 500 dropped 0.70% on Tuesday’s trading session, its worst single-day performance in a month. The selloff brought down with it some of the largest market-tracking exchange traded funds. SPDR S&P 500 Trust ETF (NYSEARCA:SPY), iShares Core S&P 500 ETF (N...

As U.S. retailers and restaurants report Q2 2021 earnings, the bulk of them will be facing the easiest comparisons from a year ago, when the government required brick and mortar stores to close. The Refinitiv U.S. Retail and Restaurant Q2 earnings index is expected to rise by 143.0%. ...

AIER’s Leading Indicators Index posted a fourth consecutive small decline in July, falling to 75 from 79 in June. Real gross domestic product increased at a 6.5 percent annualized rate in the second quarter, up from a 6.3 percent pace in the first quarter. Total housing sta...

After reaching almost 180 basis points [bps] (1.80%) in March of this year, the 10-year Treasury yield is now hovering around 118 bps. Because of the volatility surrounding interest rates over the past 18 months, I wanted to conduct a sensitivity study between the 10-year yield and di...

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...

The next hundred dollars you put in the market can be a game changer. There is no investment that is too small these days. There are plenty of places offering commission-free trading. Even a stock with a high price point isn't a barrier anymore. A growing number of brokers let you buy fract...

Year over year, the Consumer Price Index (CPI) rose 4.2% in April, 5.0% in May, and 5.4% in June. Fading re-opening enthusiasm or the drying up of government stimulus checks could be factors in the sluggish growth numbers compared to prior month. Bond and equity markets indicated ...

While the economic growth rate is slowing, that is not a contraction or a recession. If that was the case, you’d see junk bonds selling off too, and that just isn’t the case - at least not yet. Our investment process puts a lot of emphasis on rates of change, whether mac...

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...