FSTA

Walmart, Kroger shares hint at concerns about Amazon's low-cost delivery plan, UBS says

Consumer Walmart, Kroger shares hint at concerns about Amazon's low-cost delivery plan, UBS says. Amazon unveiled a low- cost grocery delivery program on Tuesday. Walmart and Kroger's shares ended the day down 1.8% and 2.3%. UBS: Investors are concerned about competition among grocers.

Weekly Report: what happened at FSTA last week (0415-0419)?

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 FSTA last week (0408-0412)?

Top quant-rated consumer staples during Q1

Consumer Staples Select Sector SPDR Fund ETF (XLP) gained 4.8% in Q1. The consumer staples sector has been the worst-performing sector in the S&P 500 over the last year. The sector is considered less susceptible to economic cycles than the broader market.

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