Shaldan
2021-04-15
Agreed
Strategist: Don’t be surprised to see double-digit retail sales growth
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Economists polled by Dow Jones Newswires and The Wall Street Journal expect a 6.1% surge.</p>\n<p>Schulze pointed out the $600 checks received in December lifted January retail sales by 8%. “This stimulus package was 2.5 times that size,” he said.</p>\n<p>He said the U.S. will achieve herd immunity sometime in the second quarter. “And when herd immunity is achieved, it’s going to unleash a tsunami of consumer spending,” he said.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee9004cd741c8262debd77a5dad9a023\" tg-width=\"1260\" tg-height=\"596\"><span>FACTSET/CLEARBRIDGE INVESTMENTS</span></p>\n<p>Valuations of stocks, he argues, aren’t stretched. “If anything, analysts are expecting too little earnings growth in 2021 and 2022,” he said. Analysts were behind the curve in the second, third and fourth quarters of 2020, and he expects further upward earnings revisions to come.</p>\n<p>That said, he pointed out that markets are often volatile in the second year following a bear market low. If an overshoot in the 10-year yield materialized, that could also unsettle markets.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strategist: Don’t be surprised to see double-digit retail sales growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStrategist: Don’t be surprised to see double-digit retail sales growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-15 14:40 GMT+8 <a href=https://www.marketwatch.com/story/strategist-dont-be-surprised-to-see-double-digit-retail-sales-growth-11618415078?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>March retail sales in the U.S. may have climbed by a double-digit percentage, thanks to the $1,400 stimulus checks distributed by the federal government, according to a strategist at a fund manager.\n...</p>\n\n<a href=\"https://www.marketwatch.com/story/strategist-dont-be-surprised-to-see-double-digit-retail-sales-growth-11618415078?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/strategist-dont-be-surprised-to-see-double-digit-retail-sales-growth-11618415078?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183579370","content_text":"March retail sales in the U.S. may have climbed by a double-digit percentage, thanks to the $1,400 stimulus checks distributed by the federal government, according to a strategist at a fund manager.\nThe forecast by Jeffrey Schulze, investment strategist at ClearBridge Investments, comes ahead of the release of the data by the Commerce Department on Thursday. 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