Retail sales

‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts

Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…

Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find

China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the…

Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it

As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to…

Wall Street is wrong: Former Pimco chief economist Paul McCulley predicts rate hikes will end next month

Wall Street is wrong about the Federal Reserve’s interest rate path, according to former Pimco chief economist Paul McCulley. Barring…

Retail sales jump 3% in January, smashing expectations despite inflation increase

Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales…