These 3 Stocks Show How to Navigate Declining Consumer Confidence
lululemon(LULU) MarketBeat·2024-09-27 23:04
Historically, investors have bet on the consumer discretionary sector when the Federal Reserve (the Fed) cuts interest rates, as these typically have a positive effect on consumer spending habits through easier and cheaper financing rates. However, this time it’s different, the state of the consumer is not what it used to be before, and that is sending money out of a few stocks in the space and into others.Stocks in the retail industry, those that are highly dependent on domestic demand and consumer trends, ...