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As The Economy & Confidence Slumps, Americans Are Hording This 'Commodity'

With the trick-or-treat-fest over, Americans will be shocked to open their credit-card statements at the end of the month and find it considerably higher than normal for this time of year. As American's consumer comfort has tumbled and economic data has plunged, it appears the 'average joe' has turned to one thing to make it all better - candy.

 

Having soared 5.7% in September alone - the biggest jump since April 2012 - as broad CPI was unchanged, Candy prices in America have never been higher as, yet again, greed is good (especially when every part of your 'dream' is falling apart).

Charts: Bloomberg