🔹 With the federal government shutdown and SNAP benefits lapsing, consumer data coming this week could be pivotal.
There is a glimmer of hope: larger-than-average tax refunds & improving employment trends are forecast for early 2026. But it's a waiting game until then.
📌 Bottom line: "Restaurant stocks and equal-weight Discretionary have struggled mightily lately. Does the overall economy catch down, or will retail bellwethers play catch-up? Watch the charts."
StockCharts TV
Retail Lags, Restaurants Sink: A Technical Check on the U.S. Consumer Story
Find out why our experts are raising a red flag, noting a possible slowdown in consumer growth. 👇
🔹 The equal-weight Consumer Discretionary ETF, $RSPD, is now testing levels not seen since the 2008 crisis relative to the $SPY
See the chart: schrts.co/qAIimHiM
🔹 With the federal government shutdown and SNAP benefits lapsing, consumer data coming this week could be pivotal.
There is a glimmer of hope: larger-than-average tax refunds & improving employment trends are forecast for early 2026. But it's a waiting game until then.
📌 Bottom line: "Restaurant stocks and equal-weight Discretionary have struggled mightily lately. Does the overall economy catch down, or will retail bellwethers play catch-up? Watch the charts."
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schrts.co/tdrTcnsR
2 weeks ago | [YT] | 40