Sunday, August 26, 2007

Beverages versus the Dow: Wall Street Chart of the Week


Here is a graph (chart) that compares the Dow Jones Industrial Average over the last ten years with several commonly consumed beverages: orange juice, coffee, beer, and wine. You will notice that coffee (the brown line), beer (the gold line) and orange juice (the orange line), are relatively flat. However, look at the red line for wine. It appears to follow the Dow (or vice versa), with the exception of the 1999/2000 era. (This is obviously a visual observation and not a statistical analysis). Also, check out the volatility of wine.

The data comes from the U.S. Government Bureau of Labor Statistics.
Orange juice is the cost of frozen concentrate, 12 oz. can, per 16 oz. (473.2 ml).
Coffee is the cost of 100%, ground roast, all sizes, per lb. (453.6 gm).
Beer is the cost of all types, all sizes, any origin, per 16 oz. (473.2 ml).
Wine is the cost of both red and white table wine, all sizes, any origin, per 1 liter (33.8 oz).


By Fred Fuld at Stockerblog.com

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