Jim Cramer, a market player believes there is no stagflation within the U.S. Economy despite strong consumer spending and recent retail earnings reports. In addition, unemployment claims fell significantly over the past month. The recently signed infrastructure bill should further boost the economy. Hence, we think ETFs with exposure to cyclical sectors—Consumer Discretionary Select Sector (XLY), iShares US Consumer (IYC), SPDR S&P Retail (XRT), and Invesco S&P 500 (RCD)—could be ideal bets now. Our proprietary rating system rates these funds as a strong buy and gives them an A rating. Keep reading. Jim Cramer, a market bull, doesn’t believe there is any stagnation in the U.S. economic system after several solid retail earnings reports. “There’s nothing stagnant about this economy. In fact, retailers may be experiencing their strongest quarter in history,” Cramer asserted recently.

The Bureau of Labor Statistics reported that 531,000 jobs were created in October, and there was strong growth in private payrolls. A long-awaited bipartisan trillion-dollar infrastructure bill, signed into law by President Biden, could help boost the U.S. economies further. Because spending on the spending package is likely to be extended over a prolonged period, it should not increase inflation concerns and stimulate the economy.

Stocks with a high level of Cyclical tend to be more reflective of wider economic performance. Thus, ETFs with exposure to cyclical sectors—Consumer Discretionary Select Sector SPDR Fund (XLY), iShares US Consumer Discretionary ETF (IYC), SPDR S&P Retail ETF (XRT), and Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD)—should perform well. In our POWR Ratings, these funds have been rated as A (Strong Buy).

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