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Thursday, February 7, 4:02 PM
A look beneath the hood of Schwab's (SCHW) recently unveiled lineup of 105 commission-free ETFs shows an impressive breadth of asset class coverage, including currency, physical metals and equal-weight sector ETFs not previously available for commission-free trading. Notably absent: iShares single country funds, 10 of which are available among the 101 ETFs TD Ameritrade (AMTD) offers commission-free.
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Friday, July 27, 2012, 5:10 AM
The SEC and Department of Justice are considering starting an investigation of the retail sector for possible breaches of the anti-foreign bribery law, Reuters reports. The deliberations follow allegations about Wal-Mart's (WMT) practices in Mexico, and after other unnamed retailers reported possible offenses by their employees.
7 Comments[Consumer, Top Stories]
Monday, April 16, 2012, 12:42 PMRetail sales are up 6.5% Y/Y and at an annualized rate of 10.4% in Q1, writes Brian Wesbury, taking a closer look at this morning's report. Excluding autos, gas, and building materials, annualized sales are up 8.1% in Q1, showing the gains are broad-based. It can't all just be about the weather?
7 Comments[U.S. Economy]
Friday, March 16, 2012, 10:21 AM
Taking its signal from rising bond yields, HSBC suggests cyclicals will outperform as higher rates are a sign nominal demand is rising. The main casualties: healthcare and consumer staples. As for being a threat to the entire market, HSBC believes this is only true at real yields above 4% (they're negative now), but "a sharp rise in bond yields is a threat from whatever level."
Comment![Quick Ideas, U.S. Economy]
Tuesday, January 10, 2012, 8:02 AMICSC Retail Store Sales:-5.4% W/W, vs. +1.2% last week. It's the largest weekly decline in data going back to 1989. +2.8% Y/Y, vs. +5.3% last week. Warm weather, and its negative effect on seasonal goods, is apparently behind the fall; weak consumer sentiment isn't mentioned.
6 Comments[Consumer, U.S. Economy]
Tuesday, December 27, 2011, 4:30 AMOnline shopping jumped 16.4% on Christmas from the year before, according to data released by IBM, while the dollar value of purchases made on mobile devices jumped 172.9%. In fact, nearly 7% of all online purchases on Christmas Day were made using iPads. The uptick was poised to continue yesterday, though final data isn't yet available.
Comment![Consumer, Tech]
Monday, February 7, 2011, 11:55 AM
After three years of outperformance, retail stocks' momentum may slow in 2011 as inflation rears its head, Baird says. Firm recommends retailers with unique products (VSI), and those that could benefit from food inflation (COST, TGT, WSM).
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