In Focus: Stock Splits Sour, Tapped Out Consumers, 2024 ETF Relay

In this edition, we examine the fading stock price action following stock splits, the pressures on increasingly tapped-out consumers, and the baton-passing momentum in the 2024 ETF relay.

Christine Short joined Ryan Huang on MONEY FM 89.3 's Breakfast Show and shared insights on the patchy data of late, observations on consumer spending and the potential impact on firms in the coming quarter.

Markets have turned volatile lately as several micro and macro fears brewed to the surface. Christine Short highlight four companies that announced stock splits this year, each with weak recent stock price action. Read more.

Kirsten Chang from VettaFi recently released a new article discussing consumer spending insights and retail ETF performance amid the growing increase in deal shopping featuring commentary from Christine Short . Read more.

The retail earnings parade kicked off this week with results from Home Depot on Tuesday and Walmart, Tapestry and Dillard’s this morning. We’ve already heard from some other consumer-focused companies, specifically restaurants, and consumer staples, which showed consumer spending continues to cool and that shoppers are more discerning and value-driven. Read more.

It seems we can always count on Wall Street to come up with ways to scratch all sorts of investors’ itches. That’s seen perhaps most prominently in the ETF space. Among US ETF providers, the four-quarter rolling total of new-fund issuance has never been higher, according to Wall Street Horizon’s data. Read more.

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