Avocado's were never .99. Maybe the shit ones.
US tariffs paid by US consumers, Not for Long!
- Thread starter smallfil
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Avocado's were never .99. Maybe the shit ones.
Really? The US borders one of the largest avocado growers in the world and there are at least 3 other countries south of Mexico to fill any bottlenecks and backlogs. How can an avocado be more than 30 cents in the US? Avocado mafia? Why are all the cheap things to make priced sky high? Could it have to do with the take no prisoner capitalist model? Make a few dirt rich and keep the masses dumb? This can't possibly be an issue of supply and demand pricing in avocados. In HK there do not grow any avocados. They are flown in from the opposite ends of the world (Peru, Guatemala, Mexico) but as sure as hell they don't cost a dollar a piece but a lot less. (unless one wants to shop in some of the few supermarkets that cater to the wealthy).
P. S. HK comes close in GdP per capita than the US so it can't be a reason of affluence and affordability of buyers
P. S. HK comes close in GdP per capita than the US so it can't be a reason of affluence and affordability of buyers
I will say it again. If you base your trading decisions on a Tweet, or CNBC hacks or Bloomberg hacks then, you deserve to lose every last cent! Nobody questions CNBC hacks when they say something outrageous to manipulate the markets! When they urge the Federal Reserve to take action, why is that okay? Why is that not market manipulation? It is! Only, idiots ignore it!
The rise in the cost of avocados has nothing to do with Donald Trump. It was in the news for everyone to read that the price of avocados was rising because there was drought in Mexico! So, the harvest was less than bountiful. Avocados are plentiful and planted in Mexico and even California where there are a lot of avocado trees. Still, at Costco, a 5 pack of avocados was around $6.99. At my local grocery, it is about $1.29 each however, you just have to wait for it to be on sale and it would be $0.49 each. There are no tariffs on avocados because we do not buy it from China! If you live in other states, the cost of fruits and vegetables are higher say, in North Carolina. You have to expect it because they have to haul the produce to you over thousands of miles from other states like California. That cost of delivering the fruits and vegetables to your state will be tacked on the cost of the fruits and vegetables. That is a given.
I don’t base my trades on tweets but if a tweet reverses overall market direction with a crazy sharp move my risk management still takes me out and I lose. I’m not sure who listens to CNBC or Bloomberg but they don’t move indexes that’s for sure. They would probably like to but they have no teeth.
Hass avocados are like 1.25. - 1.50 almost year round here.
Of course, CNBC and Bloomberg moves the markets including, the indexes. Just recently, a couple of weeks ago, CNBC hacks kept saying there will be a recession and suggested people sell their stocks. Now, we have had multiple corrections of multiple days. After that, the stockmarket rallied higher and of course, the chumps who got frightened suffered huge losses! And market direction did not change simply because of a tweet, CNBC or Bloomberg. I am still long in my positions and nothing pretty much has changed. Just disinformation fed the gullible public time and time again! Market manipulation? You bet it is! If your stop losses are being hit, maybe, it is too tight?
They do have to haul it a long ways to Australia from the US or Mexico? You paid for the shipping? Maybe, plant an avocado tree in Australia so that, you do not have to buy it?