Why Are Higher Egg Price So Painful?

Loss aversion in the price of eggs. The post Why Are Higher Egg Price So Painful? appeared first on A Wealth of Common Sense. ...

Feb 23, 2025 - 14:44
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Why Are Higher Egg Price So Painful?
The hottest chart in the markets right now is not Nvidia, Fartcoin or one of the quantum computing stocks…it’s the price of eggs: It looks like a chart of Bitcoin, Gamestop or the hottest AI stock on the street. Since 1947, the price of eggs has grown at an annual rate of 2.4%, more than one percent lower than the overall annual inflation rate of 3.5%. But over the last five years egg prices have gone up an e...