Scalper1 News
Economists might still be questioning if money saved from falling energy prices will make its way to the discretionary sector, but if the price action among stocks in IBD’s Cosmetics/Personal Care group is any indication, it has. Consumer discretionary firms sell non-essential goods and services. The bull argument says that accommodative monetary policy by the Federal Reserve, along with an improving job market and wage growth, are all good for Scalper1 News
Scalper1 News