Betting on the Consumer in 2017

The Consumer Discretionary Select Sector SPDR (NYSEArca: XLY), the largest exchange traded fund tracking consumer discretionary equities, is higher by about 8% this year, good for a mediocre showing among the sector SPDR ETFs. The holiday shopping season has been vexing for retailers and some discretionary names. Consumer spending has been muted this holiday season.…Click to read more at ETFtrends.com.