Independent thinking for complex markets and current events
Imagine trading in stuff you don’t want anymore to get groceries. Talk about a budget-friendly swap. That’s what Costco offers through its Trade-In program — and you don’t even have to be a Costco member to take advantage of it. “Costco’s trade-in program is a fantastic opportunity for consumers looking to extract value from their used electronics,” …
The effects of global warming continue to manifest in new and alarming ways. Shorelines are eroding and destroying homes, airline workers have been injured from exploding soda cans, and hospitals are overwhelmed with patients suffering from heat-related illnesses. And now, climate change is coming for American pantries. Indeed, one in three American households are cutting …
There are some people out there who think that they are better than everyone else because their life is going great while so many others are having a tough time in this tough economy, where inflation is still outpacing, wages, and rents, and the cost-of-living our surpassing peoples incomes.
Americans SLAM The Disastrous Biden Economy: "It's totally different than it was 4 years ago" "Everything is more expensive, and it's only getting worse" "We're always talking about finances; I think any married couple will tell you that" 🚨🚨🚨 pic.twitter.com/ygY2QIFExp — Wall Street Mav (@WallStreetMav) May 23, 2024 "It's getting harder and harder to be able to …
Splurging once meant spending money on buzzy restaurants, expensive vacations, and designer clothing. These days, what’s considered splurge-worthy falls into a more humble category. Groceries are shaping up to be a top spending priority for younger generations, a February report from McKinsey & Company found. The firm asked over 4,000 people, from baby boomers to …
Food Inflation since 2019 pic.twitter.com/HzChTeIbHt — Win Smart, CFA (@WinfieldSmart) April 4, 2024 They are definitely losing control over #oil prices 👀 https://t.co/ssixSkhvse pic.twitter.com/Q3Qo25AwoZ — JustDario 🏊♂️ (@DarioCpx) April 5, 2024 Oil analysts are getting worried about an expensive summer driving season, with WTI prices surging by about 20% so far this year. “The market …
by Moccasin Ranger $100 used to be the total, when we really stocked up or picked some extras. Prices started climbing and we trimmed the extras, it hit $120-130. At $150 we started bitching. A month ago it hit $180. Hell it may have only been two weeks since we hit $180. Today it was …
How much do groceries cost in YOUR state? Fascinating study shows average US household spends $1,080 per month on their essentials – but costs vary by $304 across the country https://www.dailymail.co.uk/yourmoney/consumer/article-13083113/How-groceries-cost-state-Fascinating-study-shows-average-household-spends-1-080-month-essentials-costs-vary-304-country.html The average American household now spends $1,080 per month at the grocery store as two years of rampant inflation takes its toll on household …
A recent Axios survey reveals a significant shift in economic priorities, with 88% of respondents emphasizing gas, groceries, and housing costs over stock market performance. Moreover, 37% rate their financial situation as poor, signaling widespread challenges. This data prompts a reevaluation of traditional economic indicators, urging a focus on the tangible, day-to-day impacts felt by …
As the United States strives to regain a sense of normalcy after the pandemic, a growing financial concern is looming over the nation. According to Bloomberg, the cost of living has surged in various aspects, with groceries marking a 25% increase, used cars seeing a staggering 35% climb, and rents escalating by approximately 20%. While …
Bank of America’s Customized Cash Reward card gives you 3% minimum on anything you buy online or through an app. I buy as much as I can online and though apps using it. https://www.bankofamerica.com/credit-cards/products/cash-back-credit-card/ You can also get a bonus above the 3% if you have even a small relationship with BoA. If you have …
The economy is doing great! You mouth-breathing peasants are just too stupid to notice. As economic woes deepen, recent indicators point to a stark reality. Holiday retail hiring has plummeted to its lowest point in half a decade, sounding an alarming note for the economy. Simultaneously, real median household income in the U.S. is experiencing …
The price of groceries is no joke. But this is a good skit. pic.twitter.com/6HJtbnKB5A — Ian Miles Cheong (@ianmiles) November 10, 2023 Krugman says we beat inflation with no cost. Turns out we didn't beat inflation and here's the cost. https://t.co/R6reSOErjc — Peter St Onge, Ph.D. (@profstonge) November 9, 2023
Following the warning from ex-Walmart CEO Bill Simon regarding the American consumer nearing a ‘breaking point,’ Target’s CEO, Brian Cornell, has also signaled a cutback in consumer spending, groceries included. This trend aligns with our view, as well as views from JPMorgan and Goldman, that consumers have hit a wall. On Thursday morning, Cornell spoke with CNBC’s Becky Quick on …
View post on imgur.com An Inside Edition investigation exposed the exasperating wait times for products like body wash and razors The team consistently waited around 10 minutes after requesting assistance for employees to unlock the glass casings At a Walmart in New Jersey, it took a whopping 40 minutes to buy three items Shoppers are …
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡 https://t.co/ZHvfCXdEB9 — Catturd ™ (@catturd2) October 12, 2023 He's right! Paul Krugman is right, and it pains me to say that because he's usually wrong. I re-ran his numbers making a few more exclusions and it turns out inflation is actually 0%. https://t.co/2zK7bgUu1J pic.twitter.com/5PgixM0MkD — Chris Martenson (@chrismartenson) October 12, 2023 I love how …
"Half my paycheque goes to groceries alone" 🚨🚨🚨 Canadian housing and basic things like groceries are unaffordable. 🔊 pic.twitter.com/XnG7b4vijM — Wall Street Mav (@WallStreetMav) August 14, 2023
A California supermarket desperate to slow the constant shoplifting that has plagued parts of the state has installed giant metal barriers at exits to stop the thefts. A Safeway in Vallejo recently added metal emergency exit gates in front of one of the entrances that warn an ‘alarm will sound’ if thieves try to leave …