New ETFs On The Block: SPDR S&P 500 High Dividend ETF (BITE)

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Domestic consumption and US consumer spending is likely to remain the dominant investment theme for 2016 as employee wages start to pick up and the wider economic recovery gains traction. Moreover, cheap fuel and improving consumer confidence would likely lead to greater levels of disposable incomes, making the consumer discretionary sector a compelling proposition to stay invested in. The restaurant …