Consumption disruption in 2019?
The U.S. consumer has been a significant contributor to domestic economic growth in 2018. Will consumer consumption be hit by inflation in 2019?
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Top 10 holdings (%) as of 12/31/2018: American Capital Agency Corp. 6.6, Broadcom Corp. 6.0, Kohl’s Corp. 5.4, Phillips 66 5.1, Prudential Financial, Inc. 5.0, CVS Caremark Corp. 4.6, MetLife, Inc. 4.3, KLA-Tencor Corp. 4.3, AbbVie, Inc. 4.2 and Cummins, Inc. 4.1.
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