Are Consumer Staples ETFs Getting Mixed Signals?
June 03, 2011 at 07:00 AM EDT
As consumer confidence is flagging, the fact remains that the consumer staples sector is one that can be a defensive back-up, as few will go without their necessities. Exchange traded funds (ETFs) such as the SPDR Consumer Staples Select Sector Fund (NYSEArca: XLP) is down about 1% over the past...