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Plutonomy refers to a society where the wealth is controlled by a select few and where economic growth becomes dependent on that same wealthy minority. The term was popularized by Citigroup global ...
The Plutonomy Stock Basket outperformed MSCI AC World by 6.8% per year since 1985. Does even better if equities beat housing. Select names: Julius Baer, Bulgari, Richemont, Kuoni, and Toll Brothers.
Plutonomy refers to the rich, those who buy luxury goods and so on, and that’s where the action is. They claimed that their plutonomy index was way outperforming the stock market.
Is America a plutonomy? It's dangerously unstable when 5 percent of American earners account for 35 percent of all consumer spending By Michael Lind Published October 5, 2010 11:01AM (EDT) ...
In the mid-2000s, Kapur and his then-colleagues at Citigroup Inc. used the term “plutonomy” to describe economies where income and wealth are increasingly concentrated at the top.
America became a "plutonomy," a word coined in 2005 by Ajay Kapur, then a global strategist at Citigroup, to describe a nation defined by massive income and wealth inequality.
It has been more than five years since equity strategist Ajay Kapur introduced the idea of a " plutonomy "--an economy dominated by the spending and consumption of the wealthy.
America became a "plutonomy," a word coined in 2005 by Ajay Kapur, then a global strategist at Citigroup, to describe a nation defined by massive income and wealth inequality.
Matt Yglesias has been one of the primary outliners of this scenario, and you should read his take. But I would say that it really only makes sense if you believe we live in a plutonomy, where the ...
Recent news stories bring to mind a phrase made famous in the 1992 presidential campaign and updated here: "It’s the plutonomy, stupid!" 1. A resident of Lafitte, Louisiana expresses fear that ...
We need that large labor pool. It’s the plutonomy. 3. Reportedly, the CEO of BP is going to lose his job, a victim of the Gulf oil spill, and is destined to spend the rest of his days in abject ...
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