The consumer 'remains more likely to cruise' than crumble - Goldman Sachs

seekingalpha05-23

Goldman Sachs on Thursday argued that the U.S. consumer remains more likely to stay strong, even as some cracks have started to emerge with the health of the overall consumer marketplace. “Overall ...

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Goldman Sachs added that it anticipates that real spending growth will remain healthy in the months moving forward. See the below chart that the investment bank provided:  For investors that are looking to track the overall status of the consumer space, they can look towards consumer-focused exchange traded funds as a proxy investment towards the status and health of the segment. Outlined below are a handful of prominent consumer focused ETFs, along with each of their year-to-date performances.  Consumer Discretionary Select Sector SPDR ETF (NYSEARCA:XLY) -1.2% YTD. Consumer Staples Select Sector SPDR ETF (NYSEARCA:XLP) +7.7% YTD. Vanguard Consumer Staples Index ETF (VDC) +8.6% YTD. Vanguard Consumer Discretionary Index ETF (VCR) +0.2% YTD. SPDR S&P Retail ETF (NYSEARCA:XRT) +2.7% YTD.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2437769688"}