Consumption Is The Name Of The Game

What drives global growth? An uptick in consumption. What drives consumption? Downward pricing pressure in commodities. Commodities have been overbought for some time but this week, they came screeching to a halt as investors around the world sold off things like corn, wheat and gold. The Consumer Discretionary SPDR (XLY) and Consumer Staples SPDR (XLP) ETFs are having a ball, up 11.8% and 11.2%, respectively, over the last six months. These ETFs will benefit from the breakdown in commodity prices which helps drive global growth. Definitely worth paying attention to.

Consumption Is The Name Of The Game - XLYXPLY