Optimists are opining that consumers are on the verge of waking up from a spending slumber that, for the better part of the past 3+ years, has impeded the shift from recession to rejuvenation and kept a cap on discretionary debits to their credit card.
What with gas pump prices percolating and interest on fixed rate investments still waning however, its hard to imagine the wives of the world are getting ready to Occupy Malls of America.
All of that said, ETF Universe Analyst Paul Britt sees a silver lining in the almost $1Billion in net new money that’s recently flowed into the top 4 consumer cyclical ETFs. (XLY, FXD, IYC, VCR). His fav? XLY. Why? Click on the logo below to find out.