Managing director and portfolio manager Sarah Henry shed light on consumer discretionary trends on TD Ameritrade Network. She noted, “It’s really been a remarkable year. I mean, this recession we’ve just been through has been very different than its predecessors. We’ve seen retail having seen some unexpected beneficiaries, since people are staying close to home. We’ve seen about a trillion dollars come out of categories that are under pressure and redirected into areas like housing and technology. The larger engines of the economy have actually remained rather robust.”.
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