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From the New York Post‘s “Buffalo Wild Wings Hiking Menu Prices“: “Current costs for traditional chicken wings of $1.98 per pound are 30 percent higher than our third-quarter average cost,” Chief Executive Sally Smith said. “Given this trend and known raises in certain minimum wage rates, we are increasing menu prices an average of 3 […]

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I started last weekend’s letter by defining “volatile” as the previous week’s market action and mixed economic signals. The ensuing week told a vastly different story—with the stock market breaking strongly to the upside, and the slew of economic indicators painting a generally positive picture for the U.S. economy. Could the recent pullback in the major averages be yet […]

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Last week was the definition of volatile, not only for the stock market but—as you’ll see below—for economic data as well. Despite relatively weak retail numbers, consumer sentiment readings improved. I’m thinking optimism for the coming retail season is warranted, given the improving jobs picture and dramatically lower energy prices. As for the stock market, […]

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