Consumer Cyclicals Flashcards
What do consumer cyclicals include?
Automotive, housing, entertainment, and retail
Automotive, housing, entertainment, and retail
What do consumer cyclicals include?
What are durable cyclicals?
Physical goods such as hardware or vehicles
Physical goods such as hardware or vehicles
What are durable cyclicals?
What are non-durable cyclicals?
Items that people consume quickly such as cleaning supplies, clothing or food.
Items that people consume quickly such as cleaning supplies, clothing or food.
What are non-durable cyclicals?
Consumer cyclicals and economic life-cycle?
Consumers can buy more in a boom
Consumers spend less in a recession
Consumers can buy more in a boom
Consumers spend less in a recession
Consumer cyclicals and economic life-cycle?
What is consumer spending affected by?
Economic factors such as interest rates, inflation, unemployment and wage growth
Economic factors such as interest rates, inflation, unemployment and wage growth
What is consumer spending affected by?
Examples of consumer cyclical items?
Airlines, furniture, cars, luxury items, and other discretionary spending.
Airlines, furniture, cars, luxury items, and other discretionary spending.
Examples of consumer cyclical items?
Where to consumer cyclicals do well in the economic lifecycle?
Early stages of an economic recovery
Early stages of an economic recovery
Where to consumer cyclicals do well in the economic lifecycle?
Why can dividends help for consumer cyclicals?
They can cushion downside movements of consumer cyclical stocks
They can cushion downside movements of consumer cyclical stocks
Why can dividends help for consumer cyclicals?
What do investors frequently do?
Use exchange-traded funds (ETFs) to gain exposure to cyclical stocks while expanding economic cycles
Use exchange-traded funds (ETFs) to gain exposure to cyclical stocks while expanding economic cycles
What do investors frequently do?
What does a decline in the consumer confidence index mean?
A decline in consumer spending on discretionary items
A decline in consumer spending on discretionary items
What does a decline in the consumer confidence index mean?