Delivery fees are not cheap & can represent multiples of the menu item price. Although there is an argument to be made that delivery marketplaces can expand a restaurant’s marketing reach, there is a price to be paid in terms of industry sales cannibalization
Finconomics 101
Could Retail Traffic Declines be Attributed to Excess Mortality Rates?
Traffic declines across the board in both restaurants and grocery stores suggest fewer people eating. The shocking statistic is that 2021 life insurance payouts were much higher for group plans typically associated with young, healthy corporate employees relative to individual policyholders.
Farmers Need More of the Profit Pie to Fund Needed Capacity Increases
The farmer’s share of a $1 food purchase has been steadily decreasing to just 14.5% of the total, according to USDA data. This provides a compelling clue about why food production has been strained, and correspondingly, why food cost inflation is out of control.
The Middle Class is Losing Share Post-Covid
A strong middle class is critical to a healthy economy as this cohort spends a larger portion of their income (relative to the rich) on goods & services that drive growth.
Small Businesses Are the Lifeblood of Economic Growth
Policymakers need to protect and encourage small businesses because of the critical role they play in driving growth during tough economic times. While consolidation may sustain margins and large companies during downturns, the economy needs to grow its way out of our current problems.
How to Improve Your Odds in the Biggest Casino on Earth
While stock investments can be very lucrative over the very long-term, everything depends on the timing of your exit. Also, success depends on your ability to stand steady when the sky is falling all around you. Of course, past averages do not guarantee future performance…
Are Workers Ready to Give-Up 17.3% of Their Pay to Save Social Security?
According to CBO projections, spending for Social Security increases rapidly in relation to GDP over the next decade as members of the large baby-boom generation retire. If the program’s trust funds were combined, their exhaustion date would be in 2033.
Lower Energy Prices are Paying Dividends
Consistent with the Fed’s algorithm, declining oil prices are driving lower inflation as reflected by a recent CPI print improvement.
Executive Order 14008 & the Devastating Potential Impact on Farming
The administration’s plan to restructure the country by 2030 is set out clearly in an executive order signed by President Biden upon taking office in January 2021.
How Would You Value the Federal Reserve?
Here is an idea: let’s take the Federal Reserve public in the world’s largest IPO.