[Click image to enlarge]

August 26, 2022

Asian exports have been steadily dropping in 2022, strong evidence that the US consumer is returning to normal spending patterns: spending more on services vs goods.

This is not good news for Consumer Discretionary stocks. which are already experiencing pain this year.

Source: MorganStanley


Related Resources

Interest Rates Increase For the Fifth Time in 2022

Interest Rates Increase For the Fifth Time in 2022

Speculators Bet on Higher Short-Term Interest Rates

Speculators Bet on Higher Short-Term Interest Rates

Adverse Affects of A Strong US Dollar

Adverse Affects of A Strong US Dollar