Big Take: What a Bacon, Egg and Cheese Teaches Us About the Economy

Bullish:

• $COFFEE - Coffee prices have seen significant and rapid increases over the past six months, suggesting potential for continued upward trend.

  • “These increases over the last six months have been monumental, and they've been fast.”

    Peter·15:24

Bearish:

• $EGGS - Unprecedented supply loss in the egg industry due to avian flu has led to significant price increases for consumers, potentially creating market imbalances.

  • “Fifty million of 312,000,000, you know, since the October. It's just an unprecedented supply loss, and those prices have been passed along to the consumer.”

    Brian·5:24
• $WHEAT - Wheat farmers are facing challenges due to rising input costs and falling wheat prices, potentially impacting the industry's profitability.

  • “In the meantime, our input costs have risen by, oh, I'd say 25 to to 50% depending on which particular item you're talking about.”

    Pat·7:48