Today In: "Fiscal Responsibility Party"!

[MICHHAWK]

The stock market is having a lovely day because of better than expected 2nd quarter results from retailers such as target, Lowe’s and Walmart.

We need to wish on that recession harder. Come on folks you have more in you.

[twocoach]

And with people across the country represented on this board the only way to do an accurate analysis is to look at historical data across the country across the years. Your specific hyvee data is useless in measurement of the industry. Increases at your specific hyvee are likely a result of the very local economy and the management of that retailer and their specific relationships with suppliers but not an indicator of national policy impacting grocery prices.

Good lord.

[TDub]

And with people across the country represented on this board the only way to do an accurate analysis is to look at historical data across the country across the years. Your specific hyvee data is useless in measurement of the industry. Increases at your specific hyvee are likely a result of the very local economy and the management of that retailer and their specific relationships with suppliers but not an indicator of national policy impacting grocery prices.

Good lord.

The fucking discussion was national policy creating enormous grocery price increases. Your single data point determined by the very exact science of handful measuring doesn't mean a damn thing to the discussion. Per typical the point has sailed by you. Good lord indeed.

[twocoach]

The stock market is having a lovely day because of better than expected 2nd quarter results from retailers such as target, Lowe’s and Walmart.

We need to wish on that recession harder. Come on folks you have more in you.

That's great news, I think I have a little Target stock in the account. And my employer loves folks shopping, especially with their credit cards.

[twocoach]

And with people across the country represented on this board the only way to do an accurate analysis is to look at historical data across the country across the years. Your specific hyvee data is useless in measurement of the industry. Increases at your specific hyvee are likely a result of the very local economy and the management of that retailer and their specific relationships with suppliers but not an indicator of national policy impacting grocery prices.

Good lord.

The fucking discussion was national policy creating enormous grocery price increases. Your single data point determined by the very exact science of handful measuring doesn't mean a damn thing to the discussion. Per typical the point has sailed by you. Good lord indeed.

"The fucking discussion" about nationwide grocery prices began in response to me stating on 8/19 at 10:58am that my personal grocery bills were higher. Folks looking to argue with me about how I was imagining things starting rolling out studies on nationwide grocery costs in response.

I made the fucking point and you guys changed the discussion to argue. So no, THE point didnt sail by me at all. Your point was just irrelevant to mine.

[Deleted User 266]

The stock market is having a lovely day because of better than expected 2nd quarter results from retailers such as target, Lowe’s and Walmart.

We need to wish on that recession harder. Come on folks you have more in you.

Help us out MICH - our resident investment guru. Well, maybe you're our #2 guy behind Lobster.
The market is having a lovely day TODAY because of Walmart's better than expected 2nd quarter results?
How so?

[MICHHAWK]

Don’t forget target and Lowe’s.

[twocoach]

The stock market is having a lovely day because of better than expected 2nd quarter results from retailers such as target, Lowe’s and Walmart.

We need to wish on that recession harder. Come on folks you have more in you.

Help us out MICH - our resident investment guru. Well, maybe you're our #2 guy behind Lobster.
The market is having a lovely day TODAY because of Walmart's better than expected 2nd quarter results?
How so?

Because the article on Marketwatch said so.

[MICHHAWK]

Consumer confidence.

But don’t concern yourself with how so. Concern yourself with working harder on willing that recession. You got more to give.

[Deleted User 266]

Don’t forget target and Lowe’s.

I'm not forgetting Target and Loews.
I mentioned a company that you included with those two and was wondering how their 2nd quarter earnings had a bearing on TODAY's market.
You very well may know something I don't and I was interested to know what that may be.

[Deleted User 62]

Groceries definitely cost more than they did a year ago.

Anyone who doesn't see that must somehow be capable of avoiding them.

[Shirley]

[Shirley]

I hope to be a tall, 19 y/o lingerie model someday, too:

[Deleted User 89]

want in one hand, shit in the other...

[Mjl]

I don't think I'm violating any of my company rules by sharing this stuff... ¯\_(ツ)_/¯
Someone mentioned produce. The past 52 weeks the average price of all produce was 2.78 per unit. The previous 52 weeks was 2.75.
I checked the Dallas division for JeepinJayhawk. Last 52 weeks, all groceries, average price per unit of 3.13, previous was 3.07.
All groceries across the board, it was 3.14, versus 3.07 before.

So prices have gone up, about 2.3%.

Individual commodities of course will have pretty significant swings - look at avocados right now for example. But that happens all the time - it's usually due to wild swings in demand (every hipster is broke now thanks to their avocado toast addiction) or weather.

[Geezer]

Price of eggs really swings wildly. Bacon may be the most expensive cut of pork, that makes no sense.

[ousdahl]

take it to the bbq thread.

[Deleted User 62]

I don't think I'm violating any of my company rules by sharing this stuff... ¯\_(ツ)_/¯
Someone mentioned produce. The past 52 weeks the average price of all produce was 2.78 per unit. The previous 52 weeks was 2.75.
I checked the Dallas division for JeepinJayhawk. Last 52 weeks, all groceries, average price per unit of 3.13, previous was 3.07.
All groceries across the board, it was 3.14, versus 3.07 before.

So prices have gone up, about 2.3%.

Individual commodities of course will have pretty significant swings - look at avocados right now for example. But that happens all the time - it's usually due to wild swings in demand (every hipster is broke now thanks to their avocado toast addiction) or weather.

Yeah, I did my own research.
Grocery tickets at JeepinJhawks home have risen about 10%, with no change in what we buy nor how often.

[Mjl]

Fair 'nuf.

Could be that the products you buy could happen to be the ones that went up.

But to TDub's point, the reason this was brought up was to insinuate that federal policies are making everyone pay more for groceries. The data I presented is average price data across the country, at least for my employer, and that would suggest that the premise is incorrect.

[DrPepper]

Thanks for the good input, Mjl.