Just take a cursory view of the stockmarket lately and you'd be thinking: "when is this blasted recession supposed to be due?" Food and beverage stocks are now pushing the ceiling to new 52-week highs amidst doomy predictions of rising raw materials costs. Analysts can be totally wrong. On the other side of the coin, electronic and electrical exporters are suffering a crush and banking stocks have fallen from last year's highs. Plantation stocks are doing so-so. Anyway, time to sit back and watch as the new plateau take shape. I'd like to sell my Nestle counter for recession seed-money/war chest but it's moving upwards right now so i'll just wait till it settles to its new plateau. Or it might burst its bubble but i doubt it cos all the other food stocks are trending upwards too.
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