It's a fact of life that when economies tank crime surges so yes everything that is a vice will do well in bad times. I was debating with someone the other day that if things got really bad, goods with real value would be better stores of wealth than cash or even gold.
I disagree buddy...this is a bear market rally...we've fallen 5 points from the high, and we are buying the fact...
Agree we are in a bear market now. I have a reasonable technical target of 1315 on the S&P which would be a mild 16.5% correction from the top. Bottom line is cheap money created the bull market and the bill is due!