“My confidence level isn’t as high as it was a year ago, but I do think there’s still enough positive momentum, especially from the consumer sector to not see a recession,” Carlyle Group co-CEO Kewsong Lee said earlier today on the economic outlook.
Rating trends in the global consumer products sector have become more negative, largely at the low-end of the speculative-grade rating categories, mostly because of unsustainable capital structures and weak operating performance,
US Sector PMI signalled that consumer goods was the main driver of private sector output in November, expanding at the quickest pace since May 2018. Technology sector also gained momentum during the month. More here:
Real estate firms across the country had pinned their hopes on improved consumer sentiment during the festive season, however, much like every other sector, their business remains low Consumer confidence is at a 6 year low, given the state of the economy
Today, our new rules on #EnergyPerformance of Buildings Directive enter into force. It has huge potential for efficiency gains in the EU building sector – the largest single energy consumer in Europe. Learn more → #EPBD
MORGAN STANLEY: “The slowdown is now broadening out into the non-manufacturing sector. Cracks are also starting to appear in the labour market and the consumer. Geographically, the US .. will not be immune to this weaker global growth backdrop.”
The strongest sector in the stock market today is Consumer Discretionary names led by Home Depot - they are not up because investors see recession. By the way I like the action in homebuilders, too. More on Making Money at 2PM on Fox Business
Trump's trade wars are threatening to push the economy into a recession. His feud with China is driving up the prices of consumer goods and increasing the cost of inputs for the manufacturing sector. It's a dangerous combination.
Low unemployment, wage growth, and moderate debt have kept consumer health strong, but will this be reflected in sector #earnings ?
Foxconn’s new $10-billion factory is a milestone example of manufacturing investments coming back to the United States. The Trump Administration tax policies are producing results for the U.S. consumer electronics manufacturing sector.