If there’s one thing I’ve learned about the US economy, it’s that everything ultimately comes down to the consumer.
Consumers drive trends, move markets, and make up the vast majority of US GDP.
They are also the main force behind the stock market.
When consumer stocks are performing well, it’s a hallmark of a healthy bull market.
Think homebuilders, retailers, automakers—these sectors are closely tied to consumer behavior and provide a real-time snapshot of overall economic health.
One way to track this is through the Equal-Weight Consumer Discretionary Index $RSPD.
Unlike the cap-weighted version dominated by Amazon and Tesla, this index offers a broader view of the group as a whole.
Right now, RSPD is breaking out to new all-time highs.
The fact that one of the most risk-on sectors is reaching new highs highlights the strong risk appetite among investors these days and signals the economy isn’t heading for a slowdown.
Speaking of consumers, Jeff Macke has been working on something special behind the scenes — his very own set of custom indexes.
He’s calling it The Macke Consumer Universe.
Wednesday at 2 p.m. ET, Jeff is going LIVE to unveil it.
He’ll also share his take on what he calls his personal Super Bowl of earnings — Walmart, Target, Home Depot, and more.
