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Sectors

Seven Geopolitical October Surprises…
Mixed Signals From August’s US Retail Sales…
Deteriorating ZEW Doesn’t Alter ECB’s Path Over Remainder Of 2024…
Metals Will Catch Up To Fundamentals…
Looking Around: Sectors And Subindustries…

This Special Report examines the post-pandemic evolution of consumption growth, relative equity sector and subindustry performance and recent commentary from consumer-facing companies to assess the likelihood that softer spending among lower-income households will spread to middle- and upper-income households.

Fade Empire State Manufacturing Survey’s Positive Signal…
Semiconductors Distort The Message From Asian Trade…
Defensives’ Outperformance Offer False Sense Of Breadth…
Building A Portfolio: Bitcoin Vs. "Boringcoin…