[Click image to enlarge]

August 12, 2022

While consumers have little control of inflation, they do control where they spend money

Unsurprisingly electronics, entertainment and dining out top the list… aka THE Consumer Discretionary sector.

Look for downward pressure on the sector as this unfolds

Src: Morgan Stanley

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