Entering text into the input field will update the search result below

Materials lag with double-digit decline in H1 amid macro pressures

Jul. 04, 2022 2:35 PM ETSPY, XLB, VAW, TRQ, CX, GDX, XME, SMG, SQM, MXI, KWR, CF, JHX, WOOD, COPX, RING, SUM, AMR, SGML, LB1:COM, HG1:COM, XAUUSD:CUR, TRQ:CA, SGML:CABy: Preeti Singh, SA News Editor4 Comments

Copper Sheets

mabus13/E+ via Getty Images

Materials stocks dropped over 17% in the first half of 2022, compared with a 21% drop for the SPDR S&P 500 Trust ETF (SPY). Materials Select Sector SPDR ETF (XLB) was

Recommended For You

Comments (4)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

GarryGR profile picture
The big new thing, a number of years ago was JIT (Just In Time) to reduce inventory cost. But, it also introduced “Oh JIT, we’re out of supplies. Before JIT, the massive supply issues we’re having, would not have been as bad.
@GarryGR yup. just another fancy name for “growth by cost cutting” stupidity.
outsourcing. offshoring, delocalization, third party logistics—let’s give up control of our company’s future to someone who doesn’t know our business, has never set foot in america and probably doesn’t speak english.
that’ll be fun. and maybe save
us a few bucks. or maybe not.
but thats ok. if there's money to be made, the company we’re entrusting with our future will be able to knock us off at lower prices and we could learn a lot from that. if we’re still in business😱
@long-short Plus, if we bribe Congress enough they will give us a tax break for moving jobs overseas...
Capital Gains profile picture
@RockamurToo Problem is once the jobs are gone overseas, they will never come back
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.