In the current downward trend of the economic cycle, investo...
In the current downward trend of the economic cycle, investors should exceed the retail industry. The current retail industry is still facing upward pressure due to several large retail companies, such as HOME Depot and Ross Store, exceeding their estimated performance after the second quarter financial report. Additionally, companies such as Gap, Kohl's, and Macy's have also increased their inventory turnover rate through strict inventory management. More importantly, he believes that in the context of a pessimistic economic outlook, relatively conservative industries such as retail have historically performed much better than non essential consumer industries such as automobiles.
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