Luxury goods stocks are flying high, Brett Arends writes, because the companies are selling to...

|By:, SA News Editor

Luxury goods stocks are flying high, Brett Arends writes, because the companies are selling to the two groups of people who have any money left: the rich, who are getting richer; and consumers in emerging markets, who are getting richer. Investors looking for bets on emerging market consumers might find the stocks are cheaper than many emerging market stocks themselves.