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Started By
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re: The DowJones Industrial Average AND the S&P500 Index both closed at record highs today
Posted on 1/20/24 at 8:54 am to JayDeerTay84
Posted on 1/20/24 at 8:54 am to JayDeerTay84
quote:
Thats cool. Meanwhile my day-to-day spend items are up damn near double.
Holy hyperbole. We’re straight up just making shite up.
Beef is up 35%. Chicken is up around 30%. Bread is similar. Rice is up 24%. Milk is up 16%. Gas is up 28% as I mentioned.
All less than or equal to the S&P 500 over the same time frame.
But because eggs are up around 70%, the stock market performance must be Ho hum?
2
Posted on 1/20/24 at 9:53 am to slackster
quote:
Holy hyperbole. We’re straight up just making shite up.
Beef is up 35%. Chicken is up around 30%. Bread is similar. Rice is up 24%. Milk is up 16%. Gas is up 28% as I mentioned.
Really? What I said was identical the the chart UpperDecker posted on my grocery bill. Havent seen you refute that one yet...
Is his chart wrong?
Posted on 1/20/24 at 11:14 am to slackster
quote:Egg prices have dropped by over 50% in the last six months of 2023.
But because eggs are up around 70%
The big spike in egg prices in early 2023 was because so many producing chickens had to be destroyed to control the avian flu outbreak.
Egg prices are almost back down to where they were prior to the avian flu outbreak.
Today a dozen eggs costs around $2.00-$3.00/dozen, down from about $5.00/dozen last January.
The whole "egg prices are out control" mantra is way over blown today.
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