The US market is up almost 20 percent on the year - but big names like Starbucks, Nike, and Lululemon have been struggling.

The consumer discretionary sector has jumped 6 percent, with a number of companies being dubbed 'fallen angels'.

Milford Asset Management's Stephanie Batchelor explains how investors can proceed.

LISTEN ABOVE

The US market is up almost 20 percent on the year - but big names like Starbucks, Nike, and Lululemon have been struggling.
The consumer discretionary sector has jumped 6 percent, with a number of companies being dubbed 'fallen angels'.
Milford Asset Management's Stephanie Batchelor explains how investors can proceed.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

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