Quote:
Originally Posted by Cheeserolling
Interesting. So my best bet would be to try to protect the money from further loss, assuming that most companies wont go up? ie:AAPL
Why would someplace such as McDonalds or Starbucks increase when everyone else is decreasing?
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Think inferior goods, Mcdonalds is inferior to say applebees and chilis etc. Starbucks is ify to me. Walmarts doing well given the fact that its an inferior good and i would expect it to keep doing so as long as market outlook continues to look bearish.
In this market, a sales company that specializes on low price, than its defensive more or less. If your wallet was tight what would you skimp on and when would you settle for a lower quality lower price good over a higher quality higher price?