I was intrigued to learn that cosmetics powerhouse L'Oreal increased the spend in the first half of 2010 in promotions and advertising, specifically around the premium and luxury category. While I am watching the fluctuation in the marketplace along with everyone else, this appears to be a good indication that consumer goods are moving.
Source: http://www.bloomberg.com/news/2010-08-26/l-oreal-shares-climb-most-since-may-as-operating-margin-advances-to-record.html
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