Investing firms in the wake of strong US retail sales

In the wake of strong US retail sales, investing firms boosted holdings in consumer discretionary stocks. Amazon and Nike both reported better-than-expected forward guidance, with portfolio managers eyeing rising consumer confidence as a tailwind. The new guidance that DOT issued in August largely kept the Biden administration’s rules but ditched a contentious requirement that chargers be placed every 50 miles along major highways. It also directed states to quickly submit updated implementation plans to access the funds. In the weeks since, at least 44 states and Washington, D.C., have submitted their plans, spokespeople for those states told POLITICO. “How important is our compensation plan? Very, very important,” he says. “And CRMs, paid and referral-fee-free lead generation platforms, marketing and technology services, training and education and in-market principal broker support are all table stakes for a brokerage to grow today. This is a very different company relative to how much agents and brokers get paid and how rich the business toolset is to back it up. We believe we have the winning hand with our compensation plan and the total value proposition. Companies that have only one part of the equation end up with bad outcomes, especially in the current market Data from Bloomberg shows investing firms collectively raised positions in healthcare equities, especially biotech, anticipating FDA approvals in late