Goldman Sachs Warns of Cracking Consumer Stocks Amid Hedge Fund Unwinds

"Worse Under The Hood": Goldman Warns Consumer Stocks Cracking As Hedge Fund Exposure Tanks

"Worse Under The Hood": Goldman Warns Consumer Stocks Cracking As Hedge Fund Exposure Tanks With the US national average for gasoline above the politically sensitive $4-per-gallon level and the University of Michigan Consumer Sentiment Index signaling waning household confidence as summer enters its final innings, pressure is building across the consumer complex. Goldman Sachs' Scott Feiler warned Tuesday that consumer stocks have suffered several difficult weeks of underperform...

By Tyler Durden