The Young Research Affluence Index has outperformed the Young Research Discount Goods Index by 100% since the economic recovery began. Our chart indicates that the economic recovery has still not reached low and middle income consumers. Quite shocking considering the populist majorities in both branches of government.
The YRPI Affluence Index includes Tiffany & Co., Coach, and Nordstrom. The YRPI Discount Goods Index includes Wal-Mart, J.C. Penney, and Dollar Tree Inc.
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Jeremy Jones, CFA
Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
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- Attacks on Saudi Oil More Likely to Hurt China than the U.S. - September 16, 2019