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Consumer Staples Industry Weekly Update: Merchant Wholesaler Sales...

2015-03-03 00:48:08| Paper - Topix.net

The chart below shows that merchant wholesaler sales are highly correlated with retailer sales, but with slightly more volatility. When I modeled the Consumer Staples Select Sector SPDR ETF's close prices, I found out that its correlation with merchant wholesaler sales is 81.6% versus 79.2% with retailer sales.

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