Labor data revisions show the real story behind the numbers. Food prices, especially eggs, keep soaring

We’re in a strange, contradictory market where some trends suggest stability, but the underlying reality remains volatile. Only a 22% chance of a recession occurring within the next year pic.twitter.com/nx26BqGko7 — Win Smart, CFA (@WinfieldSmart) January 24, 2025 Your food prices are in a bull market: Egg prices are now up 101% since October 2023. …

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Retail fast food is painfully slow

Retail in general has been stuck in low gear since inflation destroyed the budgets of many households in 2022. pic.twitter.com/FzLuEpuu1z — Canada Stats Hub (@CanadaStatHub) January 23, 2025 The retail fast food situation in Canada is indeed struggling, even with GST tax holidays. Many Canadians are cutting back on spending due to economic uncertainties. This …

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SNAP recipients may be barred from buying junk food under new GOP bill!

Food stamp recipients could be prevented from purchasing soft drinks, candy, ice cream and more under a new House bill. Rep. Josh Brecheen, R-Oklahoma, introduced the Healthy SNAP Act last week. The bill would exclude junk food and prepared desserts from benefits provided by the Supplemental Nutrition Assistance Program, the official name for food stamps. …

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Eggs now qualify as ‘healthy’ food, FDA says

Eggs are packed full of beneficial nutrients • Iodine• Choline • Selenium• B vitamins • Vitamin D• Vitamin A• Phosphorus • Pantothenic acid It's hard to come up with a better high-protein breakfast option pic.twitter.com/CrCHitdSrB — FoundMyFitness Clips (@fmfclips) November 26, 2024 While eggs haven’t historically been considered a “health food,” the U.S. Food and …

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Swiss print 3x less money than Canada, Canadian dollar drops 67%. COVID spending fueled food inflation.

The Swiss have printed about 3x less money than Canada has between 1980 and 2024 And in 1985, 1 Canadian dollar could buy 2 swiss francs. Today? It buys 0.65. This isnt magic, guys. pic.twitter.com/KPOn7lqfb5 — Tablesalt 🇨🇦🇺🇸 (@Tablesalt13) December 24, 2024 The original Big Mac Index: Campbell's Tomato Soup. In short, Nixon broke the …

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Global Food Prices Are Entering Very Dangerous Territory

by Michael What in the world is going to happen if global food supplies continue to get even tighter?  During the second half of this year global food prices have been surging.  A “perfect storm” of factors is suppressing production all over the planet, and meanwhile worldwide demand for food just keeps rising.  Needless to …

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Job market imploding?! The Fed is going to cut rates again next week while food price inflation rises and stock valuations remain at extreme levels. Gold is about to start making headlines again!

#recession … #StockMarket Bubble edition https://t.co/p7cgcLzyrT pic.twitter.com/So5TXB58ic — Invariant Perspective (@InvariantPersp1) December 11, 2024 Big cap Tech performance last 8 trading days $GOOGL 14%$AAPL 5.5% $MSFT 6% $META 10% $TSLA 18% $NFLX 6% — TT3 (@TradingThomas3) December 11, 2024 Bitcoin rippingGold rippingMost stocks ripping. Why? Because the Fed is a farce and not restrictive and …

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Canada’s debt crisis fuels food insecurity, homelessness, and collapsing institutions; To buy homes in Toronto and Vancouver, earn $230K+, taxed over 50%.

It’s 2025 in 🇨🇦: Federal, provincial, and personal debt are at breaking points. Food bank lines hit record highs. Homeless encampments spread across cities. Housing is out of reach. Universities and hospitals are buckling. Collapse isn’t a question of if—it’s when. — Shazi (@ShaziGoalie) December 1, 2024 This crazy chart is now updated to include …

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Retail Sales: Consumers Spend More on Food, Less on Gasoline and Cars

by Mike Shedlock In September, retail sales rose 0.4 percent, up 0.3 percent inflation adjusted. Here’s where consumer spent their money. According to the Census Department Advance Estimate, retail sales rose 0.4 percent in September. Advance estimates of U.S. retail and food services sales for September 2024, adjusted for seasonal variation and holiday and trading-day differences, but …

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Consumer Reports finds rocket fuel contaminating our food; highest levels in food for children

A chemical used in rocket fuel, fireworks, and airbags has been detected in various supermarket and fast food items, according to a recent study. But how worried should you be? Researchers with Consumer Reports tested 196 food samples and discovered that about 67% contained varying levels of the chemical perchlorate. The findings, published on August …

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Are high prices (rent, food, Healthcare, gas) expected to be the new normal? [US]

by mmofrki I’ve heard that unemployment is severely down but that’s due to most people needing to work upwards of three jobs just to scrape by. It’s scary how unsustainable it is. Especially given how unaffordable Healthcare is in the US, now imagine exhausted, sleep deprived people having heart attacks or other cardiovascular issues due …

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Hong Kong’s comfort food? The rise of ‘two-dish-rice’

A humble species of eatery has become increasingly popular in Hong Kong, especially among residents who savour frills-free food to fill their stomachs. The restaurants serving low-cost “two-dish-rice” dishes, once found mostly in poorer neighbourhoods, are gaining acceptance across all social classes. The trend is widely seen as a reflection of the city’s lacklustre economic …

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Krugman’s Grossly Misleading Inflation Victory Declaration … BUT Purchasing Power Of US Dollar Is Down -16.5% Under Biden (Food Prices UP 21%, Home Prices UP 34%, Used Car/Truck Prices UP 17.7%)

by confoundedinterest17 Call it Washington DC soullessness. Back in 2023, Socialist Paul Krugman declared that “the war on inflation is over!!! “We” won, at very little cost.” I love when elitists claim “We won!” since clearly 99% of Americans lost since food, housing and car prices up are double digits under Biden. The problem is that food, …

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