Analysts See 14% Upside For The Holdings of IYC

Consumers Binge Despite Higher Interest Rates, And The Fed Watches Them Nervously

Retail sales in March increased by 0.7% seasonally adjusted, with a year-over-year jump of 4.0%. Total retail sales jumped 10.1% in March from February to $712 billion. Ecommerce, food services, and general merchandise retailers were the biggest drivers of growth.

U.S. Retail Sales Rack Up Solid March Numbers

U.S. Retail sales smashed expectations in March, with total sales up 0.7% and ex-autos up 1.1%. Non-store retailers and bars and restaurants saw the biggest year/year increase. Five out of the 10 consumer-related industries have turned positive. The latest retail sales data reflects strong consumer buying.

U.S. Household Spending Holds Firm

Retail sales beat all expectations. US retail sales rose a very robust 0.7% month-on-month in March versus 0.4% expected. With jobs, inflation, and activity all beating expectations, the Federal Reserve is in no position to cut interest rates. We expect spending and inflation to slow, but the Fed won't be contemplating rate cuts.

Weekly Report: what happened at IYC last week (0408-0412)?

Top Seeking Alpha Quant picks in S&P 500 Consumer Discretionary sector ahead of earnings

Consumer Discretionary Select Sector SPDR Fund ETF (XLY) has underperformed the S&P 500 in the past 12 months. The consumer discretionary sector had the largest net selling and was among the worst-performing sectors last week. Goldman Sachs expects strong 1Q EPS growth in the consumer discretionary industry. The sector's growth has been slower than other industries due to inflation and interest rate spikes.

Sum Up The Parts: IYC Could Be Worth $88

Weekly Report: what happened at IYC last week (0401-0405)?

Thursday Sector Laggards: Services, Utilities

Weekly Report: what happened at IYC last week (0325-0329)?

Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull: Corporate Profits By Major Industry

Home Market Outlook Economy Analysis Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull. Corporate pre-tax profits in all non-financial domestic industries combined jumped by 5.6% in Q4 from Q3. The spike in profitability in inflationary times is a sign that companies hiked prices much faster than their costs.

Tuesday Sector Leaders: Services, Technology & Communications

Cons Disc distribution & retail has the highest dispersion among S&P groups - MS

Consumer discretionary distribution & retail has the highest dispersion among S&P groups. Morgan Stanley analysts monitored the dispersion metrics of the S&p 500 and its sectors and subsectors. Dispersion measures the range of returns for a group, Morgan Stanley says. High dispersion present in auto and household, lower in utilities and energy.

What Shifting Expectations About The Fed's Next Move Could Mean For Markets

Home Investing Strategy Portfolio Strategy What Shifting Expectations About The Fed's Next Move Could Mean For Markets. Anna Castro, Managing Director and Head of Retail Asset Allocation at TD Asset Management says what's important isn't the timing of a rate cut, but whether you remain invested. Inflation, interest rates and the markets.

Weekly Report: what happened at IYC last week (0318-0322)?

iShares U.S. Consumer Services ETF declares quarterly distribution of $0.1190

Amazon Amps Up Delivery Speed and Trust to Tackle Alibaba Rivals Temu and Shein's Rapid US Expansion

PDD Holdings Inc (NASDAQ:PDD) Temu and Shein have gained traction in the U.S. Market. The Chinese e-commerce platforms are directly targeting Amazon's customer base. Amazon is focusing its efforts on countering the rise of these platforms.

Watching For A Weakening Consumer

The consumer accounts for nearly 70% of U.S. GDP. Since September of last year the overall level of retail sales has stalled. Credit card debt has increased significantly since the pandemic ended. Charge-offs and delinquency in credit card debt is reaching levels seen at the start of prior recessions. The elevated charge-off rate may be a canary in the coal mine.

Weekly Report: what happened at IYC last week (0311-0315)?

The Math Shows IYC Can Go To $87