Tag Archives: consumer discretionary

Under Armour Falters, but Consumer Discretionary Stays Positive

The sports apparel and footwear company Under Armour recently experienced a highly publicized loss of stock value, based on a couple of missteps.  The first misstep was falling short of Wall Street’s earning expectations, which caused multiple brokerage firms to downgrade their stock recommendations.  The second was inaccurate forecasting of the company’s revenue; it only Read more […]

Rieger Report: Consumer Driven Economy? Uh Oh

The credit default swap (CDS) market is beginning to show spreads widening for consumer discretionary entities which is a bad signal for the economy.  Credit spreads between the consumer discretionary sector and high grade bonds have jumped wider in recent weeks to end last week at 84bps.  The bonds of these entities haven’t reacted too much as they closely match the Read more […]

High Quality Holding up Well

Although the broader S&P 500® was down 7.2% between July 1, 2015, and Sep. 1, 2015, not all related indices performed as poorly.  Indeed, the S&P 500 High Quality Rankings Index was down just 5.3% during the same period.  The S&P 500 High Quality Rankings Index is a benchmark with constituents that must earn an Read more […]