Seattle Supersonics Cufflinks - Clearance

A necessary accessory for any Sonics fan, let the memories of Shawn Kemp, the Glove and many more live on with the officially licensed Seattle Supersonics Cufflinks. Rabid fanbase...check. Great team...check. Awesome logo...check. Celebrate the best team in the NBA that is no more. Winner of the 1979 NBA Championship, 6 time divisional title winner and spot of many memories. Approximately 3/4" x 1/2", Silver tone plated base metal and enamel, Bullet back closure, Officially licensed by the NBA, Presented in Official NBA packaging with simulated basketball interior,

Thorburn and Henry resigned on Thursday days after being singled out for strong criticism in the final report of the Royal Commission inquiry, which found widespread greed and wrongdoing in the financial sector. The CEO would leave this month but Henry would stay until a replacement was found, the bank said. Henry said last week he needed to stay to “ensure an orderly succession of the CEO and also to ensure appropriate board renewal”. Asked about Costello’s comments, an NAB representative had no further comment.

(Reuters) - With expectations for slowing growth seattle supersonics cufflinks escalating, U.S, fund managers are selectively avoiding stocks in consumer companies as lofty valuations, concerns about declining earnings estimates, and consumer confidence keep them on guard, Low U.S, unemployment and rising wages should point to a healthy consumer, but worries about global growth, domestic U.S, politics and a U.S.-China trade war have been wearing on consumer and investor moods, Wall Street expects fourth-quarter earnings growth of 14.7 percent for the S&P 500’s consumer discretionary index - below the 17.8 percent consensus from October at the beginning of the fourth quarter, according to data from Refinitiv as of Friday morning..

And for the first quarter, analysts expect discretionary earnings to fall 1.7 percent, compared with expectations for 6 percent growth on Oct. 1. For consumer staples, fourth-quarter earnings are expected to grow 4.2 percent, down from the 6.7 percent consensus in October, with 0.7 percent growth expected for the first quarter. In comparison, the broader S&P benchmark is expected to report fourth-quarter earnings growth of 16.8 percent and decline 0.1 percent in the first quarter. “Our thoughts on the global consumer is that the marginal data points coming in are more negative than positive,” said Eric Freedman, Chief Investment Officer at U.S. Bank Wealth Management in Minneapolis. His firm is “market weight to slightly underweight” on consumer discretionary while it views consumer staples valuations as “fair to slightly over valued.”.

U.S consumer confidence fell to a 1-1/2 year-low seattle supersonics cufflinks in January as a partial shutdown of the government and financial markets turmoil left households nervous, according to a Conference Board survey, Shawn Kravetz, Esplanade Capital LLC’s chief investment officer, said while the “consumer remains generally robust, most people have had something in their life in the past few months that has given them pause.”, “For the wealthy it was watching the stock market go down 15 percent in the fourth quarter,” Kravetz said, “For government workers, it was weeks of no cash flow and uncertainty, For many it was the uncertainty of the shutdown and what the secondary effects might be to them directly, to their jobs or businesses, or the economy at large ., everyone was touched directly or indirectly, That didn’t pop the bubble but certainly let a little air out.”..

Like other investors, Kravetz is largely avoiding consumer stocks because of their valuations. The consumer discretionary index trades at roughly 19.8 times forward earnings estimates compared with 17.3 for consumer staples and a 15.8 multiple for the broader S&P, according to Refinitiv data. “You’re paying more for less growth,” said Burns McKinney, a portfolio manager at Allianz Global Investors in Dallas. His firm holds stocks in consumer companies including Target Corp and General Motors but is underweight the broader discretionary and staples sectors.

Companies that have yet to report their seattle supersonics cufflinks earnings include Coca-Cola Co, PepsiCo Inc, Newell Brands Inc, and Walmart Inc, which fit into the staples category, while discretionary companies that have yet to report include retailers such as Home Depot Inc, Macy’s Inc, Gap Inc and Target, “The big retailers like Walmart are fairly valued with solid expectations but also with some risks,” Kravetz said, “The brands like Coca-Cola and Pepsi are mostly near their highs as safety in storms but with enough risks to keep us away, The stores like Macy’s and Gap are challenged.”..

(GRAPHIC: Consumer sector valuations ahead of S&P 500 - Jharonne Martis, director of consumer research at Refinitiv, said retail growth is still healthy, but because growth was “significantly stronger” earlier in 2018, “some of the stocks could be punished” when retailers report earnings. “We’re already seeing that consumer confidence has lowered and analysts have been lowering expectations for 2019,” said Martis. So far, 71 percent of consumer discretionary firms have beat Wall Street’s fourth-quarter earnings expectations, with more than half of the results already released. About 64 percent of staples companies have beat estimates, with reports out from two-thirds of the sector, according to data from Refinitiv.

A major challenge to first-quarter numbers for consumer companies was the 35-day partial U.S, government shutdown, when hundreds of thousands of federal workers went without paychecks, Because of the shutdown, government data releases were delayed, The U.S, Commerce Department’s Census Bureau announced earlier this week that it would release December’s retail sales seattle supersonics cufflinks report on Feb, 14, In a recent Reuters poll a majority of economists saw the shutdown having a significant impact on first quarter gross domestic product growth, with the median expectation for a 0.3 percentage point trim..

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