(Download the full report HERE)

Executive Summary

• Utilities are the year-to-date leader and Consumer Discretionary the laggard
• Price movements in both sectors seem to reflect recent fears about the economy

Introduction

Earnings season has begun with tariffs, trade war, and potential trade deal news dominating headlines. What major companies are reporting can give valuable insight into the overall state of the economy. As of the end of April, Utilities had the strongest year-to-date performance, followed by the Consumer Staples and Health Care Sectors. The worst performing sector as of the end of April was Consumer Discretionary, followed by Technology and Energy.

To read more, download the full report HERE.