The Rising Influence of Rising Affluence

[wow_happens28]

Big food processing companies have suffered lately, organic and fresh has got to be hurting them. I posted last summer Dew, that I thought that unlike the 2000-2002 Bear Market when big food did good, not this time and you agreed. Valuations are still maybe too high, in your opinion?

https://stockcharts.com/h-sc/ui?s=GIS&p=D&yr=2&mn=0&dy=0&id=p5177570008c

https://stockcharts.com/h-sc/ui?s=CPB&p=D&yr=2&mn=0&dy=0&id=p4663277795c

https://stockcharts.com/h-sc/ui?s=DF&p=D&yr=2&mn=0&dy=0&id=p0799659042c

https://stockcharts.com/h-sc/ui?s=K&p=D&yr=2&mn=0&dy=0&id=p7536520122c

It helped MKC to move into China and go organic. I am not a buyer here of MKC.

https://stockcharts.com/h-sc/ui?s=MKC&p=D&yr=2&mn=0&dy=0&id=p2025469331c