Company executive Sami Naffakh said extensive efforts to find a viable solution for the plants future had proved unsuccessful, citing high production costs, underutilization, and declining volumes in the traditional tobacco segment
Shows like this seem to appear in cycles but never EVER die off completely, which is good for rabid fans of the horror genre like me
Creating Ersatz Family in a Distracted Age To overcome it, embrace it
In fact, during the 1970s (highlighted in the chart below), when inflation averaged more than 7% annually, and both consumer staples and the broad market generated significantly negative real returns, tobacco stocks performed extremely well, with real returns averaging more than 6.5% annually, versus roughly -1.8% for both staples and the broad market
But I never saw any association between that and my chosen profession