We are seeing weakness in retailers, overshadowing strength of consumer staples, says Laura Crigger. She talks about what this week’s retail rout means for markets, highlighting Amazon (AMZN), Costco (COST), Target (TGT), and Walmart (WMT). She also talks about how grocery stores are outperforming their earnings and how higher food prices impact grocery stocks. She then goes over her ETF picks which include Invesco Dynamic Food & Beverage ETF (PBJ) and The First Trust NASDAQ Food & Beverage ETF (FTXG). Tune in to find out more.
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