THE PANTRY — Household markets roared to record highs this session, powered by blockbuster nap figures and renewed investor confidence in the treat sector. The benchmark Shat 500 — a weighted index of everything the cats care about — closed sharply higher, buoyed by strength in tuna, churu, and warm laundry.
"The fundamentals are strong," said one analyst, gesturing at a cat sleeping in a sunbeam. "Look at that. That's a healthy economy."
Today's Movers
| Ticker | Sector | Move |
|---|---|---|
| CHKN | Churu / Wet Foods | ▲ +8.1% |
| TUNA | Premium Protein | ▲ +2.4% |
| BOX | Cardboard Real Estate | ▲ +15.0% |
| KIBL | Dry Goods | ▼ −1.2% |
| VET | Health Services | ▼ −99.9% |
REAL ESTATE. The cardboard box market continued its historic run after Bean acquired a third box property this quarter, all sight-unseen, all immediately occupied. The $80 cat bed remains the worst-performing asset in the household, with an occupancy rate of zero percent for the third consecutive year. Related: Bean's housing policy.
LABOR. The employment picture was unchanged, with the household's only unemployed worker, Atticus, declining to seek work for the 1,400th straight day. Full coverage in our Jobs Report.
INFLATION. Treatflation remains the story of the year, with the Strategic Kibble Reserve at multi-quarter lows. Our Treat Economy desk has the latest on the bowl crisis.
Looking ahead, futures point higher on expectations of a 4 PM stimulus package, which economists note "always passes, because they scream until it does."