NY Fed Gets Into the "Nowcasting" Business (NY Fed)
Atlanta Fed's Nowcast (Atlanta Fed)
“a very strong start to the quarter in February was overcome by softer-than-expected pre-Easter business and then a further deterioration in April versus our plans” —Kohls CEO Kevin Mansell (Department Store)
“post Easter sales and traffic trends softened noticeably consistent with what you’ve heard from many of our competitors.” —Target CEO Brian Cornell (General Merchandise)
“From a macro perspective, we did experience a deceleration in trends through the quarter” —L Brands CFO Stuart Burgdoerfer (Victoria’s Secret)
Daily Chart of XLYs
XLY Advance Decline Line
Two Month Charts of the Largest XLY Members
Daily Chart of the Retail Sector ETF
