- Brutal competition between major retailers on pricing could bring holiday sales to a lower level than economists anticipated.
- Though many forecasts still show holiday sales improving at a 2.5%-4% clip, the latest round of warnings from Best Buy (BBY), Wal-Mart (WMT), and Target (TGT) are hard to ignore.
- Also in play is a "crowding-out" effect as increased consumer spending on automobiles and housing saps the meager 1.5% wage increase the working class saw this year.
- Related ETFs: XRT, PMR, RTH, VDC.
Warnings from major retailers hard to ignore
From other sites
Video at CNBC.com (May 21, 2015)
at CNBC.com (May 21, 2015)
at CNBC.com (Apr 9, 2015)
at CNBC.com (Apr 8, 2015)
Video at CNBC.com (Mar 3, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs