IYK

The best consumer staples ETFs for Q1 2021 are IYK, ECON, and PSL.

China’s fast-growing $157 billion market for exchange-traded funds will be directly accessible to overseas investors from Friday, at least four years since the plan was first hatched.

An AI fund which has almost doubled the performance of the S&P 500 Index this year isn’t buying into bets on a rebound in cyclical stocks.

Retail sales and food-services spending posted a strong gain in September.The September gain was the fifth in a row.Core retail sales, which exclude motor vehicles and gasoline retailers, posted a 1.5 percent gain for the month.Unit vehicle sales, reported earlier in the month, have also staged a very solid recovery.Results across the various categories of retailers were mostly positive in September.

Industrial production has a 100-year-plus record of measuring the production side of the economy.Similarly, retail sales have a 70-year-plus record of measuring the consumption side of the economy.In September, both surprised, as production failed to confirm leading indicators and declined, while sales boomed despite the ending of emergency Congressional assistance.I am inclined to take both with extra grains of salt as potentially impacted by pandemic-related seasonal distortions.