Yes I have.....groceries have been high since Covid.Is this good? Stock market gains under Biden were summarily dismissed with "Have you seen the price of groceries?!?!?"
So, have you SEEN the price of groceries?
But to your question if the stock market being up is good - I would say yes it is. Better than the alternative!
Does this good news translate to every person? No - obviously like many things it will mean different things to different people, depending on a few different variables.
I've seen the term "affordability" used to convey i think what you are talking about.
That encompasses many things, of course, and just like the stock market will mean different things to different people.
For first time home buyers - things aren't great and haven't been for a while.
For almost everyone....gas prices are important. And as I commented yesterday in the gas prices thread - we're seeing the lowest gas prices in the past 4 years.
What about the price of eggs? Not as much of a impact on the general population as gas, but as you know has been bantered about in the political arena - so fair game for our discussion?
Well same as gas.....egg prices are going down.
If it's of interest......here's an interesting article that provides some information on the efforts being made by Trump appointed U.S. Department of Agriculture secretary Brooke L. Rollins:
(Washington, D.C., June 26, 2025) – U.S. Secretary of Agriculture Brooke L. Rollins today provided an update on the U.S. Department of Agriculture’s comprehensive, five-pronged strategy announced in February to combat Highly Pathogenic Avian Influenza (HPAI). After reaching a record high due to the Biden Administration’s lack of action, wholesale egg prices have now dropped 64%, with retail prices falling 27% from their peak earlier this year. We must remain diligent, and egg farmers and producers can continue to utilize USDA resources to conduct biosecurity assessments before the Fall.
“When President Trump entered office, the cost of eggs was at a record high, seriously denting consumers’ wallets after years of awful inflation. On my first day as Secretary, we got to work to implement a five-pronged strategy to improve biosecurity on the farm and lower egg prices on grocery store shelves. The plan has worked, and families are seeing relief with egg prices driving food deflation in the April Consumer Price Index,” said Secretary Rollins. “While we are proud that over 900 biosecurity assessments have been conducted to date, resources remain available, and we are urging poultry farmers of all sizes to get your assessments done today before a potentially challenging fall.”
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Still a long ways to go and in my opinion.....I really don't think we'll ever see groceries as low as they were prior to Covid. No matter who resides in the WH!
Happy Sunday, jthomas!