This is very interesting. Perhaps people are stocking up.

Investors find comfort in Campbell Soup - Los Angeles Times

Investors find comfort in Campbell Soup
By Tom Petruno, Los Angeles Times Staff Writer
September 30, 2008
Let's hope this isn't telling us that the next bull market will be in soup kitchens.

The only stock to rise in the Standard & Poor's 500 index on Monday was . . . Campbell Soup Co., which edged up 12 cents to $37.75.

At times like this, investors often find refuge in stocks of companies that make the basic, low-priced things we need to live. The reasoning is that even if the markets are melting down, and the economy will soon follow, we all still gotta eat, drink and (hopefully) use deodorant.

Personal-care products giant Procter & Gamble Co. slid $2.09, or 3%, to $66.75, but that was far less painful than the 8.8% drop in the S&P.

The so-called consumer-staples sector of the S&P index held up best Monday, with a 4.2% drop. The S&P's worst-performing sector: financial stocks, which fell 16%. That left the financials down 39% year to date, compared with a 24.6% drop for the S&P 500 and a modest 7.2% loss for the consumer-staples group.

Another place you could have found refuge, relatively speaking: shares of Hormel Foods Corp., which slipped just 13 cents to $36.25.

Hormel's most famous product: Spam.

The perfect complement to soup?

__________________
The political system is broke and it's a joke.

Comfort food was my first thought!

Because grocery prices are so hight right now, I am sure it is because you can get a large can of soup and feed four people. Helps keep the monthly grocery bill down but I am sure the family is in the kitchen snacking around 8 o'clock at night because they are hungry again.

You can also use soup on recipes whether you are a good cook or a rotten one or in between and they have other food items also. I think it's a sign of the times. People will be sticking closer to home and doing simple things more.
I sometimes wonder if this isn't a blessing in disguise.

__________________
The political system is broke and it's a joke.

I know what you mean, a lot of people have taken so much for granted that we do need a little straightening out. I don't think people on these boards are as bad because we are mostly here to save a conserve and live a simpler life, but most of our neighbors and friends aren't.


I am just starting to worry, we have been hearing about lay offs and some of the upper management where DH works have been laid off. DH could get laid off this winter for the first time for that since I stopped working 7 years ago. If he does we will have it pretty rough if it lasts for too long, we're prepared for a couple of months, but 4 or 5 could really hurt.

The first thing I thought of when I heard this news was soup lines to tell the truth.

__________________
"A true friend is someone who thinks that you are a good egg even though he knows that you are slightly cracked." ~ Bernard Meltzer

Cold and Flu season just around the corner!

__________________
Support bacteria -- it's the only culture some people have!

If Vegetarians eat Vegetables. Do Humanitarians eat Humans?

'Vegetarian' is an old Native American word for bad hunter.