Wall Street Breakfast Soaring egg prices lead to emergency Waffle House measures
Feb 4, 2025
Diners are grappling with egg surcharges as avian flu disrupts supply, prompting Waffle House to adjust its pricing strategy. The podcast dives into how larger economic trends affect job markets and company earnings. It also discusses the recent limitations on sports betting contracts and a new Super Bowl product that simplifies customer engagement. Investors' sentiments towards various ETFs are analyzed, revealing bullish interest in industrials while precious metals see a decline. The financial landscape is shifting rapidly!
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Egg Prices Soaring
- Waffle House added a surcharge due to high egg prices.
- Bird flu is the main driver of these unprecedented egg prices.
Waffle House Egg Surcharge
- Waffle House has implemented a temporary 50-cent surcharge per egg.
- The surcharge is due to significantly elevated egg prices, impacting consumers and restaurants.
Bird Flu Impact
- The main driver of increased egg prices is the bird flu.
- The H5N1 strain has caused the culling of millions of chickens, heavily impacting the egg supply chain.