IYC: Now's Not The Time To Buy U.S. Consumer Discretionary Stocks

The iShares US Consumer Discretionary ETF ( IYC ) is poorly positioned right now from a fundamentals perspective. Not only does it trade at an elevated 23.45x forward P/E, but its components' historical earnings growth rates are in theThe Sunday Investor is focused exclusively on U.S. Equity ETFs. He has a strong analytical background, has received a Certificate of Advanced Investment Advice from the Canadian Securities Institute, and has completed all the educational requirements for the Chartered Investme ...