Big Take: What a Bacon, Egg and Cheese Teaches Us About the Economy
Odd Lots
Bloomberg
4.4 • 1.6K Ratings
🗓️ 23 April 2025
⏱️ 23 minutes
🧾️ Download transcript
Summary
When it comes to measuring economic pain, the cost of a humble breakfast sandwich might not be top of mind. But Bloomberg has an index that tracks the rising cost of a bacon, egg and cheese sandwich, plus a cup of coffee. And this year, it’s reached record highs.On today’s Big Take podcast, we hear from people up and down the BEC supply chain — from a wheat farmer to a coffee roaster to a guy who turned his life-long love of eggs into a career. What does the most important meal of the day tell us about inflation, supply and demand, and the complexities of financial markets? More importantly: how did this sandwich get so expensive?
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Transcript
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| 0:00.0 | KPMG makes the difference by creating value, like developing strategic insights that help drive M&A success, or embedding AI solutions into your business to sustain competitive advantage. |
| 0:13.4 | KPMG, make the difference. Learn more at www.kpmg.us slash insights. |
| 0:22.2 | Is this a negotiation or the new rules at a game? |
| 0:24.8 | It could be either. |
| 0:25.8 | It is up to the president how he wants to negotiate. |
| 0:28.7 | A deal is going to be made with China. |
| 0:30.4 | Nothing's over yet. |
| 0:31.4 | There's been a lot of confusion up to now. |
| 0:33.2 | A 90-day pause is not an eradication. |
| 0:35.8 | Where is this leading to? |
| 0:37.0 | Trust Bloomberg Television for all the context and clarity you need as the tariff and global economy story evolves. |
| 0:43.5 | This year's bear case, very quickly, becoming the base case. |
| 0:46.7 | Nobody covers tariffs like Bloomberg Television. |
| 0:50.0 | Context changes everything. |
| 0:55.0 | Bloomberg Audio Studios, |
| 0:57.2 | Podcasts, Radio, news. |
| 1:00.4 | Hi, good morning. |
| 1:01.8 | Hello, how are you? |
| 1:03.2 | For the last few years, |
| 1:05.0 | whenever I've needed a little extra morning sustenance, |
| 1:07.9 | I visited a food cart outside the Bloomberg office. |
| 1:11.2 | Could I have a egg and cheese sandwich, extra ketchup, salt and pepper, please? |
... |
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