tobacco construction workers take a cigarette break, Chongqing, China, Asia Stock Photo FDA: Cutting Nicotine Levels Will
Description
Photos: 1

Wintergreen Crisp and invigorating

Like tobacco, defense stands out among its peer group for proving to be resilient in the face of inflationary pressures, with only the immediate aftermath of the end of the Vietnam War the sole period of negative real returns for the industry since 1963: Like tobacco, defense stocks have almost always found themselves to be in the cheapest quintiles of the market, which helped during periods such as the inflation of the 1970s when the group suffered far less multiple contraction than the broader market

Nutmeg The sweet luck charm for gamblers and prosperity workers
