Friday, October 21, 2022

The Spam Signal

The Federal Reserve looks at thousands of data points to determine whether inflation has peaked. I need just one.

After 3½ years Costco has resumed its semi-annual Spam sales. While the sale price of $17.99 for eight cans was 28% higher than it was on March, 2019, Hormel's $5 price cut must have indicated a supply-demand return to normalcy. I stocked up, and I'm good through 2025.

Chairman Powell, you can stop raising interest rates. Spam has issued its signal.

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