HomeTechSoftwareThe "Beer & Toilet Paper" Philosophy In Consumer Staples
The "Beer & Toilet Paper" Philosophy In Consumer Staples

Many staples are impacted by rising costs, says Mike Mussio. He and Alexis Browne discuss consumer staples. They talk about the takeaways from Walmart's (WMT) earnings which were released today, November 15th. Mike talks about the "beer and toilet paper" premise within consumer staples, which claims there is demand for inelastic items during a market recession. They then go over why seasonality works against consumer staples. Tune in to find out more about the stock market today.

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15 Nov 2022

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