{"id":184964,"date":"2010-01-15T12:54:00","date_gmt":"2010-01-15T17:54:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/how-people-eating-out-at-restuarants-tells-you-where-the-dow-is-heading-2010-1"},"modified":"2010-01-15T12:54:00","modified_gmt":"2010-01-15T17:54:00","slug":"consumer-eating-patterns-forecast-very-bad-news-for-the-dow-this-year","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/184964","title":{"rendered":"Consumer Eating Patterns Forecast Very Bad News For The Dow This Year"},"content":{"rendered":"<p>How consumers are choosing to eat and drink is apparently a big predictor of broader markets, according to a <a href=\"http:\/\/econompicdata.blogspot.com\/2010\/01\/pub-power-equity-signal-turns-negative.html\">graph based on &#8216;Pub Power&#8217; over at EconomPic<\/a>.<\/p>\n<p>Yes, it sounds silly.&nbsp; But the apparent correlation is impressive.<\/p>\n<p>The graph overlays relative &#8220;pub power&#8221; people choosing to go out to eat at the pub, rather than eating at home, along with the Dow set one year back.<\/p>\n<p>As a forward indicator it&#8217;s incredibly revealing showing that since 1993, when people stay at home the DOW has yielded a negative 9.8% return while when people eat out the return is a positive 10.8% on the year.<\/p>\n<p><a href=\"http:\/\/econompicdata.blogspot.com\/2010\/01\/pub-power-equity-signal-turns-negative.html\">From EconomPic:<\/a><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b50a7d20000000000cf3aba\/pub-graph.jpg\" border=\"0\" alt=\"Pub Graph\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/how-people-eating-out-at-restuarants-tells-you-where-the-dow-is-heading-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/bofamerrill-americans-are-still-broke-kelloggs-a-buy-2010-1\">Merrill: Broke Americans Are Still Crazy For Kelloggs<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/jim-rogers-buy-ahead-of-the-food-shortages-2010-1\">Jim Rogers: Brace Yourself For Food Shortages, Thanks To The Banks Hoarding Cash<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/shops-close-their-doors-after-hugo-chavez-devalues-the-currency-but-bans-price-increases-2010-1\">Venezuela Approaching Humanitarian Disaster As Chavez Expropriates Food Retailers<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/_EPLn0pnvLs\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How consumers are choosing to eat and drink is apparently a big predictor of broader markets, according to a graph based on &#8216;Pub Power&#8217; over at EconomPic. Yes, it sounds silly.&nbsp; But the apparent correlation is impressive. The graph overlays relative &#8220;pub power&#8221; people choosing to go out to eat at the pub, rather than [&hellip;]<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-184964","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/184964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=184964"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/184964\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=184964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=184964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=184964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}