Consumer Discretionary
Prospects For Lower Borrowing Costs Lift Consumer Sentiment…
Credit Likely Drove July’s US Retail Sales…
European Asset Returns Post Carry Trade Unwinding…
August Payrolls Presage Higher Unemployment Rate…
Beige Book Shows Signs Of Slower Employment…
Already Optimistic Earnings Expectations Continue To Improve…
Equities And Elections…
Favor Health Care and Utilities for defensive positioning amid economic slowdown and volatility as the presidential election approaches. A Republican Sweep favors Real Estate and Materials, while the second most likely outcome, Democrat gridlock, favors Health Care, and Information Technology.
US Retail Sales Surprise To The Upside In July…
No Near-Term Fiscal Response In Sight Despite Chinese Malaise…