XLY: Don't Expect Consumer Spending To Notably Recover Until 2026
Seeking Alphaยท2025-08-21 20:27
Group 1 - Discretionary spending has faced challenges due to economic uncertainties, particularly influenced by Trump's tariff policies, leading to consumer uncertainty about the future [1] - Despite the overall decline in discretionary spending, certain sectors, such as department stores, have shown resilience [1]