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👑🍗 Is the Popeyes chicken sandwich the Big Mac of our age? Conor Sen says that the viral sandwich is the result of a strong consumer economy. Just like McDonald's in 1967, Popeyes is reaping the rewards of one classic play: introduce an iconic new menu item, and charge more for it. At $3.99, the item is asking a bit more from customers than Chick-fil-A’s competing sandwich does – but apparently it’s not asking too much.

👑🍗 Is the Popeyes chicken sandwich the Big Mac of our age? Conor Sen says that the viral sandwich is the result of a strong consumer economy. Just like McDonald's in 1967, Popeyes is reaping the rewards of one classic play: introduce an iconic new menu item, and charge more for it. At $3.99, the item is asking a bit more from customers than Chick-fil-A’s competing sandwich does – but apparently it’s not asking too much. "The hook is really about trying to be a better chicken sandwich than Chick-fil-A's by featuring a brioche bun, a full layer of pickles, and either a spicy Cajun spread or mayonnaise," writes Sen. The economy’s good times can’t go on forever, but some booms give us a gift that lasts: the Whopper, the Big Mac, the Six Dollar Burger -- and now, perhaps, the Popeyes chicken sandwich. Read his column in full, link in bio. #popeyes #chickensandwich #bigmac #fastfood #chicken #friendchicken #econ #economics #lovethatchicken #chickfila #sandwich #nola #investing #foodie #demand ...

for my econ class we're doing a stock market simulation where we pretend to buy certain stocks and compete to see who in the class can make the most (or lose the least). if anyone out there Knows Things about stocks, what do you recommend? i am Clueless
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#studyblrsquad #notetaking #studyblogger #studynotes #notestagram #studyinspo #studyspo #studymotivation #studygram #organization #notes #economics #study.

for my econ class we're doing a stock market simulation where we pretend to buy certain stocks and compete to see who in the class can make the most (or lose the least). if anyone out there Knows Things about stocks, what do you recommend? i am Clueless ⠀⠀⠀⠀⠀⠀⠀ #studyblrsquad #notetaking #studyblogger #studynotes #notestagram #studyinspo #studyspo #studymotivation #studygram #organization #notes #economics #study ...

Stock markets had another big wobble yesterday, and so this chart from last week's newsletter is relevant all over again.
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This chart explores a question that's heard repeatedly whenever markets tumble, namely:

Stock markets had another big wobble yesterday, and so this chart from last week's newsletter is relevant all over again. - This chart explores a question that's heard repeatedly whenever markets tumble, namely: "Should I buy the dip?". Put another way, after a really bad day, do stock markets tend to go up the next day? - To explore this complicated question as simply as possible we've plotted along the horizontal axis every single day in the last 50 years where the US stock market has fallen more than 2%. On the vertical axis is what happened the very next day. - So anything above the middle line is when a bad day was followed by a positive day, and anything below the line is when a bad day was followed by... another bad day. - Our study concluded that 54% of the time stock markets did go up the next day (182 times out of 338). However, the reality is that if you "bought the dip" like this every time it would have only yielded you on average about a +0.1% return, and that doesn't even include trading costs. So if anyone tells you to "buy the dip" it's probably not worth the effort, unless you're a real Wall Street wiz. - A week ago this chart was in our newsletter. We don't post all of our charts on Instagram so if you want to catch them all then hit the link in our bio to sign up. It's absolutely 100% free, all it costs you is 3 or 4 minutes of your time. If you don't dig it you can unsubscribe at any time. ...

People want to make money but most people do not want to take the time to learn about money! The more you know, the more opportunities you will see..

People want to make money but most people do not want to take the time to learn about money! The more you know, the more opportunities you will see. ...

As the next generation of video game consoles is looming on the horizon, the leader of the current era managed to pass a major milestone. Sony’s PlayStation 4 became the fourth video game system for the living room to reach 100 million unit sales, joining two of its predecessors along with Nintendo’s biggest success, the Wii. According to Sony’s latest earnings report, the company sold 3.2 million PS4 devices in the quarter ended June 30th, bringing the total to an even 100 million units. Both Sony and Microsoft are approaching the end of the lifecycle for the PS4 and Xbox One, respectively, with both companies rumored to prepare for a fall 2020 launch of their next-generation consoles. While the next PlayStation will in all likelihood be called PS5, the next Xbox is codenamed Project Scarlett 🔥💰🚀📈
Source: Statista.

As the next generation of video game consoles is looming on the horizon, the leader of the current era managed to pass a major milestone. Sony’s PlayStation 4 became the fourth video game system for the living room to reach 100 million unit sales, joining two of its predecessors along with Nintendo’s biggest success, the Wii. According to Sony’s latest earnings report, the company sold 3.2 million PS4 devices in the quarter ended June 30th, bringing the total to an even 100 million units. Both Sony and Microsoft are approaching the end of the lifecycle for the PS4 and Xbox One, respectively, with both companies rumored to prepare for a fall 2020 launch of their next-generation consoles. While the next PlayStation will in all likelihood be called PS5, the next Xbox is codenamed Project Scarlett 🔥💰🚀📈 Source: Statista ...

Most Recent

China's yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp re-escalation in the U.S.-China trade war whacked investor confidence and darkened the global economic outlook.
+In China's onshore market, the yuan fell to 7.1500 per dollar, the lowest since February 2008.
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Source: https://m.investing.com/news/forex-news/yen-surges-offshore-yuan-tumbles-as-trade-war-intensifies-1963060
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#economist #economics #economy #economydia #currency #tradewar #trade #yuan #dollar #usd #china #usa.

China's yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp re-escalation in the U.S.-China trade war whacked investor confidence and darkened the global economic outlook. +In China's onshore market, the yuan fell to 7.1500 per dollar, the lowest since February 2008. + + Source: https://m.investing.com/news/forex-news/yen-surges-offshore-yuan-tumbles-as-trade-war-intensifies-1963060 + + #economist #economics #economy #economydia #currency #tradewar #trade #yuan #dollar #usd #china #usa ...

The planet is dying... but at least we are creating an immense amount of shareholder value

#amazonfires #amazon #forestfires #climatechange #globalwarming #economics #profits #greedy #humans #greed #consumerism #mindlessbehavior.

The planet is dying... but at least we are creating an immense amount of shareholder value #amazonfires #amazon #forestfires #climatechange #globalwarming #economics #profits #greedy #humans #greed #consumerism #mindlessbehavior ...

Buongiorno 😃☀️ oggi tocca ad Economia 😏 Sarà una giornata impegnativa poiché con questa materia non ci vado per niente d’accordo 😩😩😩 spero di capirci qualcosa a fine giornata . Vi Auguro una buona giornata a tutti 😘 #università #university #economia #economics #determinazione #impegno #motivations #day.

Buongiorno 😃☀️ oggi tocca ad Economia 😏 Sarà una giornata impegnativa poiché con questa materia non ci vado per niente d’accordo 😩😩😩 spero di capirci qualcosa a fine giornata . Vi Auguro una buona giornata a tutti 😘 #universit à #university #economia #economics #determinazione #impegno #motivations #day ...