Consumer Staples Select Sect. SPDR (ETF) (AMEX:XLP)
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Seeks to replicated the total return of the Consumer Staples Select Sector of the S&P 500 Index. It unbundles the benchmark S&P 500 and gives the investor ownership in particular sectors of industries represented by a specified Select Sector Index.
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Fool UK
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consumer is hurting
You understand that consumer staples means things like shampoo, dish soap, paper towels etc. right? Not Rolex watches.
I understand. The point is the costs are increasing rapidly due to higher energy and commodity costs. These companies will not be able to force cost increases through and therefore are at serious risk for margin compression.