Plutonomy is a term that refers to the science of the production and distribution of wealth. The term first appeared in the middle of the 19th-century in the work of John Malcolm Forbes Ludlow.

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.

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.

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.

Has the American economy turned into a “plutonomy”? In 2005, three Citigroup analysts — Ajay Kapur, Niall MacLeod and Narendra Singh — answered yes. They explained: “Plutonomies have ...

Nonetheless, levels of awareness and cohesion among the bottom 99 per cent appear insufficient to create a threat to the plutonomy, justifying the confidence of the Citicorp report.

The plutonomy thesis helps to explain why high oil prices haven't slowed the global economy, why consumer confidence might be low yet consumption remains robust in the US, and why the depreciation ...

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.

As Ajay Kapur first observed in 2005, in a report written for Citigroup, the United States has become a Plutonomy, in which the richest fifth of the population is responsible for as much as three ...

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.