As market meltdown seems overdone since the bloodbath at the start of the year, investors may now take a look at some high growth investing areas like consumer discretionary and its related ETFs. Agreed, the data is not a promising one; but a strong job market, low energy prices and still-subdued inflation levels should boost the scenario going forward. Added to this, with expectations of a longer low-rate environment in the wake of a dovish Fed, investors can enjoy a few more months of cheap dollar, which in turn should boost buying.