On Retailers, Earnings & High-Tech Weapons

The S&P 500 Consumer Discretionary sector has been battling a trifecta of challenges, and only a couple of its industry indexes have escaped ytd declines. Jackie distills what the managements of several affected companies had to say on recent earnings calls about the impacts of oil prices, inflation, and tariffs. … Also: Joe reports that the downward earnings estimate revisions that analysts typically make as quarters progress haven’t been as disappointing as usual during Q1. … And: New weaponry technology leverages light and sound to destroy targets, shoot down drones, clear an area of people, and incapacitate enemies.