Retail ETFs are getting in the groove even as consumers spent briskly in May. Shoppers loosened their purse strings against a backdrop of feel-good economic data. More Americans are finding work. Wages grew at the fastest pace in two years in May. Households are feeling flush as stock, bond and housing prices tick higher. And not least, prices at the pump are lower than they were a year ago. That's feeding the view that cheaper gas may be here to
Friday 12 June 2015
As Missing Consumers Return, Retail ETFs Perk Up
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Retail ETFs are getting in the groove even as consumers spent briskly in May. Shoppers loosened their purse strings against a backdrop of feel-good economic data. More Americans are finding work. Wages grew at the fastest pace in two years in May. Households are feeling flush as stock, bond and housing prices tick higher. And not least, prices at the pump are lower than they were a year ago. That's feeding the view that cheaper gas may be here to
Retail ETFs are getting in the groove even as consumers spent briskly in May. Shoppers loosened their purse strings against a backdrop of feel-good economic data. More Americans are finding work. Wages grew at the fastest pace in two years in May. Households are feeling flush as stock, bond and housing prices tick higher. And not least, prices at the pump are lower than they were a year ago. That's feeding the view that cheaper gas may be here to
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