The Unstoppable Consumer Staples Sector

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 |  Includes: FXG, IYK, PSCC, PSL, RHS, SZK, UGE, VDC, XLP
by: Bespoke Investment Group

The market staged an impressive bounce back Tuesday, with the S&P 500 gaining back nearly 2/3 of Monday's decline. No sector was more impressive Tuesday than Consumer Staples. As shown in the three-day Bloomberg snapshot below, the Consumer Staples sector has already gained back all of Monday's losses and then some, putting it right back to new all-time highs. As shown in the second chart below, Consumer Staples has been on a remarkable run since the start of the year.

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