2025-04-03 06:00:55.876

The price of wholesale eggs has fallen to $3.00 a dozen, a 9% decrease from the previous week, according to the USDA. This follows months of shortages and record-high prices, with a dozen eggs reaching a 10-year high of $5.90 in February. The decline is largely due to a sharp decrease in avian influenza cases and reduced consumer demand at higher prices. While the avian flu initially killed 30 million egg-laying birds, outbreaks have been contained, with only 2.1 million birds affected in March. Farmers have improved biosecurity measures, and production is increasing. Retailers like Stew Leonard's are reporting lower prices, with eggs selling for $5.99 a dozen after reaching $10 in December. However, the USDA notes that it may take weeks for wholesale price drops to fully translate to grocery store shelves, and some stores still have purchase limits. Despite the positive trend, egg prices remain historically high, up 58.8% compared to a year ago.

2025-03-11 12:05:52.451

Following President Trump's statement on Maria Bartiromo's show refusing to rule out a recession amid an economic 'transition,' the Dow dropped 2% and the Nasdaq 4%. While not a direct cause-and-effect, the markets are clearly nervous about Trump's on-again, off-again tariff policies. However, the US economy has been in a state of transition since at least the 2008 mortgage crisis, navigating zero interest rates, a global pandemic, and political instability. The overvaluation of "Magnificent 7" tech stocks, which account for most recent market gains, also contributed to the downturn. Adding to the uncertainty is the Biden administration's $2 trillion annual deficits and the Federal Reserve's pause on tackling inflation before the November election. While Trump aims to boost American manufacturing, energy, and overall leadership, his long-term economic strategy remains unclear, including the future of tax cuts and the impact of tariffs. Trump argues for a long-term perspective rather than focusing on quarterly results, but the lack of a clear, communicated long-term plan leaves the nation and markets in suspense. A more comprehensive explanation of his economic strategy is needed to address the current uncertainty and concerns.