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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

Chicken Wing Surplus

Chicken Wing Surplus

Over the recent Super Bowl weekend, over 1.5 Billion chicken wings were eaten. Good for stocks like Sanderson Farms (SAFM) but bad for your cholesterol. As the government debates spending cuts and freezes this week, keep this in mind. If there are 300 million US citizens then each person in the country would have eaten 5 chicken wings over the Super Bowl weekend. 5 wings seem reasonable for the record setting viewing of the game. The US deficit is coming in at about 1.5 Trillion for 2011 alone. To understand the size of that number, that would be like everyone in the country, every man, women, and child eating 5000 chicken wings in a weekend. Once again, the size of these numbers that get thrown about are completely beyond rationale comprehension. To make a difference, it is going to have to hurt&Stocks continue to melt up as the positive news continues to flow from the street.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.