Investors, already grappling with a sinking stock market and recession fears, will be paying close attention to the plight of consumers in the coming week.
Investors, already grappling with a sinking stock market and fears that the U.S. economy may be heading for a recession, now turn their focus to the consumer. For one thing, consumer discretionary stocks are among the hardest hit.
That shift was seen over the past week, as stocks sank amid investor worries over consumer spending trends, said Christopher, in a phone interview.For now, the mood of consumers has proven as hard to pin down as market entries and exits. In a May 18 note, Wells Fargo Investment Institute said it was adjusting its equities guidance and price targets for a “likely” recession, upgrading the utilities sector to “neutral” from “most unfavorable.” Utilities are considered defensive, unlike the consumer-discretionary sector, which Wells Fargo downgraded to “unfavorable” from “neutral,” according to the note.
When S&P adjusted U.S. retail sales in April for inflation, “a frightening split has appeared over the last year, and has only gotten wider through April,” said Bovino.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
The 15 Best New Pieces of Spring Menswear to Buy This WeekThe latest and greatest from Prada, Persol, Lardini and others.
続きを読む »
Saban calls out Texas A&M for using NIL deals to buy playersAlabama coach Nick Saban called out Texas A&M, saying the school was “buying” players with name, image and likeness deals.
続きを読む »
Which Google Pixel Phone (and Gear) Should You Buy?Google's Pixel phones are our favorite Android phones here at WIRED. But choosing the right model can be tricky. But don’t fret, our guide is here to help.
続きを読む »
Saban calls out Texas A&M for using NIL deals to buy playersBIRMINGHAM — Alabama coach Nick Saban called out Texas A&M on Wednesday night for 'buying' players in its top-ranked recruiting class with name, image and likeness deals, saying Crimson Tide football players earned more than $3 million last year 'the…
続きを読む »
We Buy Baby Formula!With the supply of available baby formula in the U.S. nearly half of what’s typically on the shelves, a long-running shadow economy has burst into the open. molly__o reports on the price-gouging schemes exploiting the current crisis
続きを読む »
This Dell laptop is $230 today — Why you should buy it | Digital TrendsRight now, you can buy a great Dell laptop for just $230. Here's why it's ideal for kids, students, and anyone else on a budget.
続きを読む »