Spending to Support Loftier Consumer ETF Valuations
February 23, 2015 at 10:30 AM EST
The effects of lower oil prices will take a while to trickle through the economy, but consumer sector stocks and related exchange traded funds may have already priced in the potential boost to spending. Year-to-date, the Market Vectors Retail ETF (NYSEArca: RTH) advanced 4.9% and Consumer...