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MAR 16, 2013 - TheStreet

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Can Bad Sentiment Readings Rattle Consumer ETFs?

NEW YORK (ETF Expert) -- What does it mean when we learn that consumer sentiment drops to the lowest level since December 2011? For the bulls, it means that any setback in consumer "feelings" will be offset by the Federal Reserve's easy money policy; that is, the Fed will not quit its bond-buying, interest rate lowering until exceptional employment prospects spur greater consumption. For the bears, however, many believe the writing for a substantive sell-off is on the "Wall." In spite of the fact that SPDR Select Consumer Discretionary and SPDR Select Consumer Staples have been notching ... Read More

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