CONSUMER DISCRETIONARY News & Analysis

Consumer discretionary stocks has rallied but what does the future hold for the sector?

Momentum for the consumer discretionary sector is going backwards and spells trouble for earnings.

US tech sector hits pause on recruitment, JB HI-FI delivers sales growth and Chinese homeowners refuse to pay mortgages.

Uber, Starbucks and brewing giant Anheuser-Busch (of Budweiser fame) should all benefit as consumers swap back to services.

Beaten-down industries, such as airlines, hotels, cruise lines and gaming should benefit from a return to normal spending patterns. 

Analysts worry a slowing economy will lead consumers to cut back on spending at brands like Bunnings.

Sharp declines at US giants Walmart and Target could be canaries in the coalmine for local retailers.

Local investors were spooked after US retail giants Target and Walmart plummeted overnight as rising prices hit margins and inventory.

Where are entertainment and streaming services headed?

The market has already baked many retailers’ holiday sales potential into pricing, but there are still opportunities.