Turmeric Lattes, Egg Prices & Rich Indians 🍳
This Week in Review☕: Being super fit is the new Rich in 2025 | New Bird Flu leads to skyrocketing poultry prices | eBay sellers cash in on TikTok ban | Disneyland to launch floating theme park aimed
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Quick Bites:
Health 🍳: Bird flu drives up egg prices.
Egg prices to increase by 20% in 2025, compared to about 2.2% for food prices in general.
Beef, coffee and orange juice have also become more expensive but eggs are uniquely impacted by the aggressive strain of avian flu, which has strained supply.
Just saw a lady buy a dozen eggs without even checking them first. What an unhinged wealth flex
-Millennial: your generation got jobs and houses
-Boomer: Yes but we lived with constant fear of nuclear winter
-Millennial: Hold my eggs avo toast
The average price of a dozen large, grade-A eggs was $4.15 in December, up from $3.65 in November.
PS. Trump said it would be $0.99 on Day 1 we don’t understand???
Egg prices were also up more than 36% year-over-year in December, according to the Consumer Price Index.
Key Highlights, reported by CNBC:
-Avian flu has killed about 17 million egg-laying hens in November and December
-Around 8.3 million birds have died in January because of these outbreaks
-“Not to be the bearer of bad news, but we’re in this for a while,” said Emily Metz, president and CEO of the Global Egg Board
-As long as the avian flu persists, so will high prices
-Some grocers have put limits on how many eggs a shopper can buy on one trip because “people start to panic buy eggs.”
-“People recognize the value in eggs, even with a slightly elevated price, and are also finding that eggs are indispensable to their daily lives”
-The industry has seen more than 20 consecutive months of record-high demand
Our Thoughts💡:
Monthly expenses:
Transportation: $150
Food: $500
Clothing: $250
Fried Eggs Avocado Toast: $35,000
Someone good at the economy please help us budget this 🙏🏻
PS. If our landlord bought the house we live in for $75,000 in 1980 and now the house is valued at $1.2 million, how many eggs do we need to forego to afford to buy the house from the landlord? 🤔
Big Tech 📱 : Can't download TikTok? TikTok phones are selling for $3,000.
Despite Trump delaying the ban by 75 days, Apple and Google haven’t reinstated it to their app stores, locking out Americans who had earlier deleted the app.
Now eBay sellers are cashing in. They are selling secondhand iPhones with TikTok already installed for thousands of dollars.
Searches for “TikTok phone” have generated over 27,000 results on eBay, according to CNN.
All our friends in the US:
“Our TikTok not loading anymore!!! Wtffff they pulled the plug before the assigned date!!! We refreshing like the mf going to just come back to light!!!!”
Meanwhile, we wish the same energy that was spent in banning the app would be put to use in making sure kids are fed, making medicine affordable, education accessible- among 1 million other things. But that's just us 🫢
Key Highlights:
-Sellers are listing iPhones with TikTok pre-installed at inflated prices, capitalizing on the app's unavailability for new downloads
-Some listings have reached as high as $5 million, though more common prices range from $10,000 to $50,000
-It's important to note that while existing TikTok users can continue to use the app, those who deleted it or never downloaded it before the ban are currently unable to access it
-This scarcity has fueled the high demand and exorbitant prices
Our Thoughts💡:
POV since the past 4 years:
Watching 14-year olds get paid for twerking to Dua Lipa while we we get ready for our fifth 10-hour shift this week
We tired of making money the hard way.
BAN TIKTOK INDEFINITELY 👋
Fitness 🏋️ : People in finance are hitting the gym harder.
It's not just about financial gains anymore, but muscle gains too, Bloomberg Opinion reports.
Having a six-pack and tracking your macros in an Excel spreadsheet is the new rich y'all
Key Highlights, reported by Bloomberg:
-There is more awareness of the need to be physically active and mentally strong- especially for those who manage risk in return for investments
-It is not just for men as women are getting on board too.
A few years ago, there was a misconception that weight-lifting made women bulky. However, that has now changed with most women doing strength training today
-Most banks today are investing in top of the line gyms and some even provide workout clothes
“This health movement in finance started partly due to increased productivity. People thought: I could stay up longer, I could be more alert! But then they noticed they were also getting on better with their families and kids and becoming better people.”
-Jason H. Karp, a former hedge fund manager turned entrepreneur tells Bloomberg
Global Leadership is getting on board too. According to Bloomberg:
-Goldman Sachs boss: 'David Solomon' has often spoken about his early morning fitness routine
-Morgan Stanley’s Executive Chairman: 'James Gorman' admitted last year to struggling with "nausea-inducing stress" early in his career which he overcame by getting much fitter
-Denmark’s Saxo Bank's CEO: 'Kim Fournais' is a known weightlifter and self-defense
-Deutsche Bank AG’s investment arm's boss: 'Stefan Hoops' carries around a chest expander and hits the weights most mornings
Our Thoughts💡:
Fitness: The BEST investment with the HIGHEST return💯
Food 🧋 : Churro Frappés, S’mores Cold Brew, Turmeric Spiced Lattes and Caramel Fudge brownies.. Do we have your attention yet?
McDonald's opened its 1st spin-off restaraunt, CosMc's, that focused on coffee and afternoon pick-me-up snacks in early 2024.
However, the burger joint has made a surprising decision to shut nearly half its spinoff locations just 1 year after the launch.
Pronounced like "cosmic", the beverage-first McDonald's spinoff seemed to be a grab at markets currently served by the likes of Starbucks and Dunkin' Donuts.
The menu highlighted coffee and energy boosters, and included at least 15 syrup flavors, from caramel to prickly pear, NPR reports.
Umm who tf wants drinks with 500gm of sugar and god knows what chemical shitstorm?! We had a Starbucks coffee frappuccino the other day, no flavor, extra shot of expresso & later found it was equivalent of 15 glazed donuts!! Thought it was just coffee blended with ice!! 🤯🤯🤯
Mcdonald's CEO told investors that customers grabbing a quick pre-work coffee or a midday fruity tea is a “$100 billion category” that’s growing faster than the rest of fast food.
"Think of it as an out-of-this-world solution for the 3 p.m. slump."
Yeah because eating M&M flurries and pretzel bites post lunch WON'T make you crash 😶🌫️
But CosMc’s reign has been short-lived: the chain receded into a distant memory almost as quickly as it appeared.
Now, McDonald’s is pulling the plug on nearly half of its CosMc’s restaurants, starting with closing three of its six Texas stores.
Entertainment 🎢: Disney to launch floating theme parks aimed at rich Indians, Bloomberg reports.
Disney is launching its largest-ever cruise ship in late 2025 - a floating version of a theme park that’s been designed to appeal to the India and Southeast Asia market.
All vegetarian menu. No onion no garlic
Key Highlights, reported by Bloomberg Business:
-India is one of the world’s fastest-growing travel markets
-The 6,700-passenger “Disney Adventure” Cruise is expected to begin sailing in December
-There is already a rendering of the Marvel Landing zone- and its Ironcycle Test Run rollercoaster- on the forthcoming Disney Adventure cruise ship
-In a deal with the Singapore Tourism Board, Disney has committed the ship to sail year-round for 5 years from the Marina Bay Cruise Centre Singapore
-Consumers in Asia seeking the Disney experience typically head to Shanghai, Hong Kong or Tokyo to visit Disneyland
Quicker Bites:
Google said it will change the name of Gulf of Mexico to “Gulf of America”.
Trump says Microsoft in talks to acquire TikTok.
Nvidia lost close to $600 billion in market cap on Monday, the biggest drop for any company on a single day in US history.
Whole Foods CEO takes Amazon role.
Tesla sues EU over Chinese EV tariffs.
Norway to become the first country to fully transition to electric vehicles.