SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (443313)12/30/2008 2:24:48 PM
From: tejek  Read Replies (2) | Respond to of 1575627
 
Stopped out this morning with a profit. JF did explain it, consumer STAPLES do as well as ever in recessions, consumer GOODS do worse. If you examine the components of that index, it contains a lot more consumer GOODS components than consumer STAPLES.

I have bolded the items that are staples:

automobiles and parts, beverages, food producers, household goods, leisure goods, personal goods and tobacco.

Consumer staples make up a sizable portion of this index.