Consumer volatility continuingPosted on January 26, 2015 by Pete Mitchell
Heading into Q4 earnings season most investors believe expectations are very reasonable. This is based on guidance deliver during October when trends were somewhat weaker. Since then, consumer confidence has risen to highs as oil prices have further retreated to record lows. Once concern for multi-national companies with European exposure will be how large the currency impact is expected to be. Over the past few weeks we have listed predictions focused on the consumer sector from the likes of footwear companies such as Deckers (DECK) , DSW, and Skechers (SKX). Another area of volatility has been the internet sector, recently Netflix (NFLX) surprised investors with robust international growth.