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Retail Fund Hits Record Despite Amazon Threat: (XRT)
FYI: Retail is not dead," Telsey Advisory Group said.
One day before second-quarter earnings season kicks into gear in earnest, it’s clear investors agree. The latest quarterly results are expected to outshine first quarter disappointments that were hurt by lousy weather. The SPDR S&P Retail ETF has risen 13 percent year to date to a record high, more than double the return of the S&P 500 Index. Regards, Ted https://www.bloomberg.com//news/articles/2018-08-13/retail-hits-record-as-reports-of-demise-greatly-exaggerated
