Hershey chocolate sales can predict the market: Analyst

06/19/2013 | CNBC

Sales of Hershey chocolate can predict where the stock market is heading, analyst Brian Stutland claims. "Your basic thing that everybody loves is chocolate," Stutland said. "If chocolate sales are falling -- if you hate chocolate -- you definitely hate real estate or whatever big-ticket purchases you want to make." While the focus on Hershey is novel, it is not uncommon for trends in staple product sales to be examined to predict greater economic trends.

View Full Article in:


Published in Brief:

SmartBrief Job Listings for Food & Beverage

Job Title Company Location
Culinary Management Training Program
Hilllstone Restaurant Group
Multiple Locations, SL_Multiple Locations
Executive Chef
Whole Foods
Bellevue, WA
Sous Chef
Salt Lake City, UT
Executive Chef
The Lodge & Spa at Callaway Gardens Job
Pine Mountain, GA