The Rising Influence of Rising Affluence

[wow_happens28]

Dew I have posted many times here how big food did OK in the 2000-2002 Bear where the Nasdaq lost 2/3rd's of it's value, and maybe a good play for another major bear. I don't think so this time, PE's have soared, and if stagflation is the new trend and food commodities keep going up, that will put even more pressure on them. Processed food is under pressure and organic is still growing, even though many of the names below are getting more into it. I sauna often at the YMCA with a GIS scientist, says things are looking up there in sales in organic. GIS HQ is like 6 miles from me.

KO http://stockcharts.com/h-sc/ui?s=KO&p=D&yr=5&mn=0&dy=0&id=p87122287813

PEP http://stockcharts.com/h-sc/ui?s=PEP&p=D&yr=5&mn=0&dy=0&id=p08907760328

KHC http://stockcharts.com/h-sc/ui?s=KHC&p=D&yr=5&mn=0&dy=0&id=p26471464592

GIS http://stockcharts.com/h-sc/ui?s=GIS&p=D&yr=5&mn=0&dy=0&id=p13912344535

K http://stockcharts.com/h-sc/ui?s=K&p=D&yr=5&mn=0&dy=0&id=p48390066917

HSY http://stockcharts.com/h-sc/ui?s=HSY&p=D&yr=5&mn=0&dy=0&id=p00889364518

SJM http://stockcharts.com/h-sc/ui?s=SJM&p=D&yr=5&mn=0&dy=0&id=p17178919139

PPC http://stockcharts.com/h-sc/ui?s=PPC&p=D&yr=5&mn=0&dy=0&id=p25328643650PC

Tyson getting into the meatless meat end of it, but just a tiny portion of it's business and early on in that trend.

TSN http://stockcharts.com/h-sc/ui?s=TSN&p=D&yr=5&mn=0&dy=0&id=p27229742058


MKC One I should have stayed in MKC, is doing fine, but a tailwinds stock with it's expansion in China and their modernizing economy. I think it was 2015 when I got out of it, BOOOOOO LOL Dew, both of us posted on MKC back then. I wonder if CBP's story caused the temporary dive in MKC today.

http://stockcharts.com/h-sc/ui?s=MKC&p=D&yr=5&mn=0&dy=0&id=p25073902388