FYI: The economy is buzzing and consumers are giddy about it. According to a popular index from the University of Michigan, consumers have seldom been as optimistic as they are currently.
The University of Michigan Consumer Sentiment Survey reached 101.4 in September, the second-highest level of the year and the second-highest level since 2004.
With consumers’ spirits so high, many stocks of consumer-related companies are soaring higher—but not all of them. The consumer discretionary sector is one of the top-performing stock market sectors of the year.
Regards,
Ted
https://www.etf.com/sections/features-and-news/big-return-dispersions-consumer-sectors?nopaging=1
