"They see these South Asians around them who have lots of money to spend, but there's no vehicle to target them properly and retain the artists' cool factor, " says Sandhu.

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Perhaps the Yankees had decided that they really did not want to retain Mr Torre, but also did not want to be the target of abuse from supporters for firing a popular manager.

ECONOMIST: Why executive pay can never come down

Through the year, discount retailers such as Wal-Mart and Target have performed relatively well, as they resist the temptation of passing on prices to consumers and to retain competitive pricing. (See On The Verge of a Global Food Crisis).

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