Horsemeat Datapoint Confirms Economy on Upswing

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(OTCB News) As if the booming stock market is not enough confirmation that “Happy Days Are Here Again”, multiple news outlets are reporting that the economy is SO good that horsemeat will soon be as common on U.S. dining tables as cowhide and tripe: Horsemeat Back On The Menu
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Economists look for improvement in luxury goods sales as a leading indicator in the economy. Given that horsemeat is a rare delicacy usually only available in far away foreign lands, Congressional action to restore horsemeat access to a clamoring U.S. consumer is a clear tell that not only has the economy stabilized but is growing rapidly. “Horsemeat demand is a metric we rely upon heavily. If you compare horsemeat consumption trends to GDP the correlation is astounding” said Winnie Mudder, an analyst at JP Morgan Chase.
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But some researchers say ‘neigh’ to the horsemeat index, suggesting that horsemeat is merely an unfortunate fad. Mr. Ed Post, a talking horse at Citibank takes a dim view of the consumer move into horsemeat. “Don’t eat horses” he says. “It will give you the runs. I oughta know. Wilburrrr!”
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The team at OTCB are taking the horsemeat phenomena with a grain of salt. And a whole lotta gravy….
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