Jan

12

Giffen Goods, by George Zachar

January 12, 2007 |

Given the multiple parameters by which stocks are valued, I would posit that price should not be the only measure used to count Giffen equities. Earnings growth rates, various price/X ratios and relative strength metrics could be studied for Giffen characteristics. 

Of course, many commodities were Giffen goods until a few weeks ago, as were "commodity currencies." 

There are also Giffen bonds. Look at how tight credit spreads are.


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