Play Consumer Staples with This ETF (XLP)
By Dan Moskowitz
Source: Investopedia
http://www.investopedia.com/articles/in ... er=YahooSA
There is a major power shift occurring in the world of retail.
Consumers are voting with their feet - and migrating from department stores to off-price retailers. In this economy, consumers are showing they'd rather have discounted prices than the more luxurious department store experience.
The trend here is very clear. As tax returns begin to make their way into bank accounts nationwide, the Working-Class Index should reap the benefits of increased spending.
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