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Consumer-driven stocks are leading the market rebound

By admin_45 in IN THE NEWS Consumer-driven stocks are leading the market rebound

Excerpt from Axios quoting DataTrek's Nick Colas:

.... "What's happening: As Nicholas Colas, co-founder of research firm DataTrek, points out, many of this year's best performing stocks are "simply the names that got really clobbered" in December's sell-off.

  • Xerox, Hanesbrands and Mattel all fell more than 20% during December.
  • Chipotle and Coty were less beat up — dropping by around 10% each"....

Read the full article here on Axios!

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Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.