Tuesday, September 30, 2008

What do you eat more of in troubled times?

Campbell Soup Co. was the only stock in the S&P 500 that escaped yesterday's historic sell-off. That’s right: 499 fell, and just one rose.

Could there be a clearer metaphor for Americans refocusing on the basics after a decade of greed and excess?
--Henry Blodget, Yahoo Finance, on who the market thinks is the ultimate producer of inferior (in the microeconomic theory sense) goods

No comments: