NEW YORK, NY –
Investors today on Wall Street applauded the announcement of a new index to track stocks that more transparently shows the growing inequality of wealth in the market. Made up of an amalgam of 172 stock prices, the index reflects a wide range of industries. Everything from manufacturers of hard good such as riot police gear and gold-plated household appliances, to services like political advertising media conglomerates, hedge fund brokers, heliport design firms, and providers of armed security forces are included in the long list of companies used to gauge the strength of inequality in the marketplace.
Bryan Cleevers, Vice-President of Cleevers, Smith and Harwoody Hedge Fund Management, LLC, applauded the new index. “There are other indexes that track luxury goods, but we have never had an index that financial advisors like myself can point to and say to our clients ‘See? You have nothing to worry about. Inequality is getting stronger every day.’
“It’s a great comfort to our customers who may be worried about whether their fortunes will keep pace with others in their peer group,” Mr. Cleevers continued. “The SKRUU index will give them the confidence they need to invest in companies who will provide them even better luxury goods in the future, thereby ensuring a prosperous future for those companies, and create a tidy profit for the firm as well. The new SKRUU index is a win-win-win-win-win-win.”
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