The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK ( ETF Expert) --Factual headlines are often misleading.
For example, a popular financial portal offered, "October consumer confidence weakest since March 2009." Most people might interpret this to mean that consumers aren't spending and/or won't be spending their money, resulting in less revenue for economically sensitive corporations.
However, actual consumer spending has been on the rise, 1.1% in September alone.Equally important, Retail ETFs have reflected the actual spending data as opposed to the "confidence" data. The capital appreciation far surpasses the sector competition as well as the broader S&P 500 benchmark.
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