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They also make a lot of assets during this time because they borrow from the federal reserve or banks at lower interest rates and lend money at high interest rates. Overall, FannieMae will profit during any kind of economy.
Tiffany & Co., the world's largest jewelry company profits when during a bull market and when people have an excess of money...
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Since,
jewelry is not a necessity in life, so people can choose if they want it or not. In today's market where most people are employed and people have additional money, Tiffany profits. People tend to buy the better things in life when they know they have an abundance of money .
During times of recession, even though it has not occurred in the last decade, it is predicted that Tiffany would not profit...
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