The consumer staples sector is all of the things you cannot live without like food, soap, and toilet paper. So I would expect it to move in relative lockstep with population growth. Isn't that what a rising stock price means? That even after paying out dividends on their profit, they have reinvested the rest back into the company?
Global population growth is also only increasing by only around 1% annually. I suppose that many people in developing countries do not buy the "essentials" we do, so that could account for some growth, except that the index is supposed to represent product industries in the U.S.
Submitted October 27, 2017 at 10:32PM by gnurd http://ift.tt/2gKjveC
