Word: beer
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Dates: during 2000-2009
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...Indian market for alcohol - mostly spirits and beer, as well as wine - totaled $14 billion last year, and was one of the fastest-growing alcohol markets in the world. Imports account for only a tiny fraction of that, but with India booming while demand elsewhere stalls, no international beverage company can afford to ignore it. Over the next five years, the Indian market for alcohol is projected to grow at 10% a year - more than in China, the U.S. and Europe combined, according to an estimate by KPMG India. "You've got a sizable population, a growing middle class...
...Drinking patterns in India are unlike those of any other major market. Hard liquor is far more popular than beer and wine, with spirits accounting for about 70% of the market. Nearly all of that is whiskey - a legacy of the colonial fondness for Scotch. India is the largest whiskey market in the world, so American whiskey producers figure they've got a head start in India compared to other new markets. "Indians are preordained whiskey drinkers," says Frank Coleman, senior vice president of the Distilled Spirits Council of the United States, a trade group for American spirits makers. "They...
Perusing the list of the top 200 companies (with a market cap of at least $250 million) produces a number of surprises. There is Apple, but no Microsoft. The Boston Beer Company makes an appearance, but not market leader Anheuser-Busch. Tractor Supply lands on the list; Wal-Mart doesn't. Even with the economic crisis, a number of financial firms show up, including asset manager Blackrock, regional bank Iberiabank and homebuilder NVR (parent of Ryan Homes). The decade's best industry: oil and natural gas. A full 34 companies - 17% of the list - either drill, transport, refine or sell...
Then there are the financial forecasts. No one loves a look at the year ahead more than the folks who manage money for a living (or who sell advice about how to manage it). That makes perfect sense. Unlike the people predicting, say, the rise of homemade beer, the professionals who get paid to grow portfolios really ought to have a handle on the future. What's the best way to make money? Figure out what's about to go up in value and buy a lot of it before anyone else catches on. (See the best business deals...
...also a family man (globetrotting with photogenic wife and daughters), a sex symbol (bodysurfing shirtless in Hawaii), and a stage presence (snagging a Grammy for his “Audacity of Hope” audiotape). If Dubya was the man polls reported America felt most comfortable relaxing over a beer with, it was because by the end, it was clear that he had flaws and insecurities just like the rest of us. But Obama is more than just a prospective pal—he’s the man America wants...