Tuesday, December 30, 2008

the poor getting poorer index

So we at breakingviews.com developed the Poor Getting Poorer Index — a basket of 22 equal-weighted stocks that includes the retailers, white-label manufacturers, repossession agencies, dollar stores, pawnshops and other public companies poised to capitalize on rising poverty. This year the index would have generated a positive return of about 9 percent, easily outperforming the 40 percent decline of the Standard & Poor’s 500-stock index.

The Beneficiaries of the Downturn in the New York Times

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