Consumer Cyclicals Are Still in Style with This Equal Weight ETF May 10, 2021 Last Friday’s jobs report was a dud and arguably one of the biggest disappointments for that data point on record, but investors shouldn’t jump to the conclusion that cyclical stocks should be abandoned. Actually, the case remains compelling for exchange traded funds like the “The good news for us is that the U.S. consumer is on one of their heathiest footings in decades, particularly relative to past periods immediately following recessions,” according to BlackRock research. “It’s no secret that the massive government transfers over the past year have been a boon for consumer incomes, with disposable income growth meaningfully higher in 2020 vs. 2019 (which compares favorably to the consistent decline in incomes we saw throughout 2008 and into 2009).”