So far, fear has driven investors to sell consumer-exposed stocks. A basket of such companies — including Oreo cookies maker Mondelez International Inc. and Modelo beer producer Constellation Brand Inc. — is down nearly 9% since early August with losses roughly double those of the S&P 500 Index, while makers of things like insulin pumps have wiped out close to a third of their value over the same stretch amid concerns that fewer people will need their products.

  • Dogyote@slrpnk.net
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    1 year ago

    Or are these relatively few people really having that much of an impact?

    I’m imagining a world where 99% of grocery shoppers ignore the cookie aisle while the last 1% fill their carts with Oreos every visit, like Whales in pay to win mobile games.