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Investment and Job Nonsense?


Touch the Soil News #789 (Feature photo courtesy of Aspersions) Events in the food chain are ripe with insights. The recent purchase of Whole Foods by Amazon has heightened the competition. This morning, it was official that the Amazon owned Whole Foods. Shoppers to Whole Foods found some of the prices reduced. This sent shock waves through the stock market as relates to grocery stocks. Amazon stock was up by about $1.00 which translated into about $504 million in new wealth. However, NASDAQ had a different story about Amazon’s grocery competitors. Over the past few days, the market value of Wal Mart, Kroger, Costco, Sprouts and SuperValue were down almost…

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