Back to Top
A men in a blue suit smiling while presenting BNP Paribas Wealth Management Podcast

Positive Seasonal Trends in the US Retail sector

Investment Strategy Podcast

Edmund Shing, Global Chief Investment Officer of BNP Paribas Wealth Management

Positive Seasonal Trends in the US Retail sector

Edmund Shing, Global Chief Investment Officer, and Stefan Kemper, Chief Investment Strategist, discuss the US retail sector's performance leading up to Christmas.

Edmund Shing, Global Chief Investment Officer
Edmund Shing, Global Chief Investment Officer
12-11-2024
8 mins

Key messages

  • Seasonality: The US retail sector historically performs well from November through to the end of the following April.
  • Lower gasoline prices, a strong job market, and above-average real wage growth boost consumer confidence and spending power.
  • A recent Gallup survey indicates Americans plan to spend nearly 10% more on Christmas presents this year, with many willing to spend over $1,000.
  • Despite underperformance earlier in the year, the sector's current valuation is attractive, suggesting potential for positive surprises during the holiday season.


MACROECONOMICS

#MACROECONOMICS

Podcast - Should we worry about rising oil prices today?

In this podcast, Edmund Shing analyses the recent oil prices. Should we worry about rising oil prices today? What proportion of tax is paid on the petrol pump price? Price is set by the balance between supply and demand: explanation Why we think the crude oil price should not surge beyond $100/barrel Listen to our podcast

Edmund Shing, Global Chief Investment Officer
Edmund Shing, Global Chief Investment Officer
09-10-2023
17 min mins
#MACROECONOMICS

Podcast - Why are pets good for you?

In this podcast, Edmund Shing and Charlotte de Kerpoisson discuss about the reasons for rising pet ownership in recent years. The health benefits of caring for an animal How are we humanising pets? Ideas about investing in the pet industry

Edmund Shing, Global Chief Investment Officer
Edmund Shing, Global Chief Investment Officer
28-09-2023
17 min mins
#MACROECONOMICS

Podcast - Tackling the obesity epidemic

In today’s podcast, Edmund Shing, Chief Investment Officer of BNP Paribas Wealth Management, discusses the causes and consequences of obesity and its treatments. · Factors causing obesity · Related health conditions · So-called wonder drugs on the market · How to invest in this essential medical/health segment?

Edmund Shing, Global Chief Investment Officer
Edmund Shing, Global Chief Investment Officer
18-09-2023
17 min mins