(1) As tax-cut-happy consumers go to town, retailers have been raking it in. (2) Amazon threat? So last year! (3) S&P 500 Consumer Discretionary sector’s earnings and revenue forecasts reflect the strength. (4) So do stock valuations, near historical highs, boosted by Amazon and Netflix. (5) In telecom, the 5G race is on—among countries and companies. (6) But does who comes in first really matter?
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