Economic Outlook

Fake Cheese, Hooters, And Big Banks: The Millennial Market Hitlist

millenial

Anyone with any real appreciation for cheese won’t lose any sleep over the fact that U.S. sales of processed American cheese have seen four straight years of decline—and the amount of preservatives packed into their individually wrapped slices won’t save them.

The Millennial generation has finer tastes, and like many other industries and segments, they’re reshaping the cheese niche, too. That means cheese—the American way—is falling by the wayside along with beer, yogurt and cereal…. CLICK for complete article

Fake Cheese, Hooters, And Big Banks: The Millennial Market Hitlist

millenial

Anyone with any real appreciation for cheese won’t lose any sleep over the fact that U.S. sales of processed American cheese have seen four straight years of decline—and the amount of preservatives packed into their individually wrapped slices won’t save them.

The Millennial generation has finer tastes, and like many other industries and segments, they’re reshaping the cheese niche, too. That means cheese—the American way—is falling by the wayside along with beer, yogurt and cereal…. CLICK for complete article

Investors Panic As Market Correction Continues

splosion

Investors were selling stocks in panic yesterday, following breaking down below the support level of the late January local high. The S&P 500 index has retraced its three-month-long advance in one day, and it fell below the level of 2,800. Will this sell-off continue today? CLICK for complete article

Investors Panic As Market Correction Continues

splosion

Investors were selling stocks in panic yesterday, following breaking down below the support level of the late January local high. The S&P 500 index has retraced its three-month-long advance in one day, and it fell below the level of 2,800. Will this sell-off continue today? CLICK for complete article

3 Restaurants That Could See Labor Pressure From Amazon’s Wage Increase

amazons

E-commerce giant Amazon’s announcement that it will pay each worker at least $15 per hour could impact the restaurant sector, which is seeing 4-5-percent wage inflation, increased levels of turnovers and a tight labor market, according to Bank of America Merrill Lynch. 

Analyst Gregory Francfort speculated on which restaurant stocks could be most impacted by Amazon’s wage hike in a Tuesday note…. CLICK for complete article