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October 20, 2016
USA Today: Your groceries may be cheaper, but farmers and supermarkets feel the pain
Christopher says many shoppers are using the savings to buy more groceries.
This is great news. Market forces are finally tackling the widespread problem of shrinking waistlines in America, says my secret source, an anonymous executive of a for-profit statin drug manufacturer.
Michelle Morris, 45, of Canton, Mich., estimates her family is saving $10 to $20 a week at the grocery store. As a result, they’re eating out less frequently...
More great news. Now that food prices have fallen, people can finally afford to eat at home instead of dining out. There's nothing quite like anecdotal evidence to support a questionable implied theory.
Monday Night Futures
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Tuesday:
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 32 and DOW
futures are up 225 (fair value).
2 hours ago
2 comments:
There's nothing quite like anecdotal evidence to support a questionable implied theory.
Look, we want people to be healthy and happy. And rich! The profit motive is the best way to accomplish this. Profit pills! What's in your medicine cabinet?
mab,
All my profit pills are poisoned. :(
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