MacroResearchBoard

consumer-discretionary

U.S. Equities – Changes To The GICS® Structure: What Investors Need To Know – March 22, 2023
 · Equities · 

Changes to the Global Industry Classification Standard (GICS®) will be made in the coming months.

MRB TradeBook – New Equity Pair Trade – March 3, 2023
Absolute Return · 

 Add to Favorite ReportsLong U.S. Industrials Vs Consumer Discretionary Stocks: U.S. industrials have started to outperform their… Continue

Webinar – Investing In A Drawn-Out Late-Cycle Environment – (71min:13sec) – March 1, 2023
Webcasts & Webinars · 

Today’s MRB Webinar featured Salvatore Ruscitti discussing the outlook for the U.S. equity market and the implications of the late-cycle macro environment for portfolio positioning.

Webcast – U.S. Consumer Discretionary Stocks Will Remain Challenged – (11min:11sec) – November 2, 2022
Webcasts & Webinars · 

In this week’s Webcast, Salvatore Ruscitti examines the outlook for U.S. consumer discretionary stocks.

U.S. Equities – Consumer Discretionary Stocks: Too Early To Get More Constructive – October 27, 2022
 · Equities · 

We entered 2022 with an underweight recommendation on the U.S. consumer discretionary sector.

U.S. Equities – Our Favorite Charts – August 26, 2022
 · Equities · 

Today’s report presents some of our recent “favorite” charts.

Webcast – How Much Help Will Economic Stabilizers Provide? – (11min:53sec) – August 9, 2022
Webcasts & Webinars · 

In this week’s Webcast, global strategist Peter Perkins discusses the key drives of the capital market outlook for the next 6-12 months and MRB’s recommended asset allocation.

Asset Allocation Strategy – Self-Correcting Supports Kicking In – August 5, 2022
 · Asset Allocation · 

The global economy faces several challenges, but we reiterate that an economic recession is neither imminent nor inevitable, although growth will likely slow further in the near term.

Regional Equities – Regional & Sectoral Balance For Turbulent Times – June 23, 2022
 · Equities · 

The macro backdrop will remain challenging in the near term as investors assess the trade-off between elevated inflation and economic growth risks

U.S. Equities – Hotel, Restaurant & Leisure Stocks: The Bullish Case Rests On Blockbuster Earnings – March 3, 2022
 · Equities · 

The sharp decline in Omicron cases has rekindled investor interest in stocks leveraged to a recovery in consumer spending on travel and leisure.

U.S. Equities – Favor Industrials Over Consumer Discretionary For 2022 – December 9, 2021
 · Equities · 

U.S. consumer discretionary stocks have outperformed their industrial counterparts year-to-date.

Webcast – Navigating The COVID-19 Roller Coaster – (9min:19sec) – December 1, 2021
Webcasts & Webinars · 

In this week’s Webcast, Salvatore Ruscitti discusses how the emergence of the Omicron variant impacts U.S. investment strategy

U.S. Equities – Setting The Tone For 2022 – November 24, 2021
 · Equities · 

The overall macro backdrop will become less favorable for the equity market in the year ahead.

U.S. Equities – Household Durable Stocks: Taking Profits – October 18, 2021
 · Equities · 

For much of 2020 and the early part of this year, robust housing market conditions have driven the strong outperformance of the U.S. household durables sub-group.

U.S. Equities – Recovery Delayed, Not Lost – September 8, 2021
 · Equities · 

While growth momentum is moderating, economic conditions remain consistent with above-trend U.S. growth for the balance of this year and 2022.

Webcast – Our Differentiated Views On U.S. Consumer Discretionary And Industrial Stocks – (12min:06sec) – April 14, 2021
Webcasts & Webinars · 

In this week’s Webcast Salvatore Ruscitti discusses the 6-12 month prospects for the U.S. consumer discretionary and industrial sectors.

U.S. Equities – Consumer Discretionary Stocks: Not As Leveraged To Re-Opening As You Might Think – March 31, 2021
 · Equities · 

The combination of historically huge fiscal transfers, a high savings rate, and healthy household balance sheets has left the U.S. consumer primed to spend once the economy fully re-opens.

U.S. Equities – Hotel, Restaurant & Leisure Stocks: Priced For Normalcy – March 11, 2021
 · Equities · 

No group of stocks is more emblematic of the re-opening trade than the U.S. hotels, restaurants & leisure sub-group.

U.S. Equities – What The Bond Market Rout Means For U.S. Equities – March 2, 2021
 · Equities · 

U.S. equity prices have been volatile of late due to a rapid rise in bond yields as government fixed-income markets have begun to discount stronger-than-expected economic growth and higher inflation.

Roundtable – U.S. Equity Sectors With Salvatore Ruscitti – January 28, 2021
Webcasts & Webinars · 

In this Roundtable, MRB’s U.S. Equity Strategist, Salvatore Ruscitti, discusses the outlook for the U.S. equity market and highlights our recommended sector positioning.

U.S. Sector Strategy – 2021 Outlook: From Rally To Rotation – December 23, 2020
 · Equities · 

The expected widespread rollout of COVID-19 vaccines has boosted the outlook for the global economy.

Absolute Return Strategy – The Opportunities Are In The Laggards – September 10, 2020
Absolute Return ·  · 

It has been a bumpy ride for investors over the past week as equities abruptly pulled back from overbought levels, before catching a bid yesterday.

Webcast – Selecting Euro Area Cyclical Sectors – (9min:17sec) – August 19, 2020
Webcasts & Webinars · 

In this week’s webcast, strategist Peter Perkins discusses the outlook for key euro area cyclical equity sectors. He expects cyclical sectors to outperform the euro area equity benchmark on a 6-12 month horizon, although selectivity is appropriate.

Euro Area Equities – Cyclical Earnings Recovery Opportunities – August 18, 2020
 · Equities · Research Reports · 

Euro area traditional cyclical sectors, including consumer discretionary, industrials and materials should benefit from absolute and relative earnings upside over the next 6-18 months as the global economy recovers.

U.S. Equities – Follow The Profit Cycle – July 23, 2020
 · Equities · 

The uncertainties unleashed by the COVID-19 pandemic pose a significant challenge for investment strategy.

U.S. Equities – The Virus Makes The Timeline – March 31, 2020
 · Equities · 

U.S. stock prices have recently bounced from their lows. To a large degree, the performance of the equity market going forward will be a function of sentiment towards the 2021 earnings outlook

Theme – Lessons From Previous Equity Bear Markets – March 19, 2020
Absolute Return ·  · Asset Allocation · Themes · 

The speed of the current selloff in equities, credit and oil has been remarkable, with a massive wave of selling pressure as investors rushed for the exits or to buy portfolio insurance.

U.S. Equities – Will The Equity Market Catch The Flu? – February 12, 2020
 · Equities · 

After an initial modest drawdown, the U.S. equity market has more than recouped all its earlier losses from coronavirus fears.

U.S. Equities – Household Durable Stocks: A Pause Followed By More Relative Upside – January 31, 2020
 · Equities · 

U.S. household durable stocks enjoyed a comeback last year, with the sub-group outperforming the broad equity market in 2019.

U.S. Equities – Looking Back At 2019 and Ahead To 2020 – January 9, 2020
 · Equities · 

The U.S. equity market has started the year on a choppy note, with geopolitical tensions between the U.S. and Iran whipsawing stocks prices in recent days.