Give Thanks For Turkey-flation


As we near Thanksgiving Day, investors have many things for which to be thankful; from a global bull market in equities, led partly by a strong resurgence in corporate earnings, to very few signs of a recession starting over the next 12-18 months. There are a few near-term catalysts we’re watching, but there are also many longer-term positive signs. And since we’ve already talked a lot about how 2017 has so far been one of the strongest and least volatile bull markets ever, today we’ll change gears and talk turkey!

In honor of everyone’s favorite Thanksgiving Day bird, did you know that the size of your average turkey has grown substantially over the past 50 years?

That’s right: the average turkey was 17 pounds in 1960 and was more than 30 pounds last year.

Per Ryan Detrick, Senior Market Strategist,

“Although this is purely spurious and in no way should you ever invest based on it, you have to smile when you compare the average size of turkeys in the U.S. to the S&P 500 Index.


Both have moved steadily higher over the decades, suggesting investors and Thanksgiving dinner lovers alike have many things to be thankful for this year.”

To everyone from the LPL Research team, have a great Thanksgiving!


JimmyJones two hoots Wed, 11/22/2017 - 12:42 Permalink

You cannot inject a bird to that level to make it more than double its weight, at best you can add 10% weight and that is really pushing it.  If you have ever tried to flavor inject meat you would know this.  The birds are bigger, the breads grow quicker.  I know this because I raise poultry and am into this.  There aren't franken birds on the market yet.  The chickens that are mistakenly refered to as franken birds are these.  check it out and learn something.  There is a lot of BS on this subject by the Vegan crowd.… farmers and Universities have spend alot of time and money doing selective breeding over many years and this is the result.  A bird that is basically defenseless and grows quickly and is Delicious.

In reply to by two hoots

SaintInix JimmyJones Wed, 11/22/2017 - 12:46 Permalink

To be clear, a lot of that weight change is selective breeding, and growth hormones.

The water is just a little bonus on the bottom line. I don't disagree that over 10% weight is pretty impossible... Doubling the weight with water wouldn't work, there just isn't enough muscle to contain that much water.

But a 10% bump is still a big deal to the bottom line for each turkey.

In reply to by JimmyJones

JimmyJones . . . _ _ _ . . . Wed, 11/22/2017 - 14:04 Permalink

What you present isn't proof. That is  because of ice crystals forming and penetrating the cell membranes during the freezing process, once the membrane is pierced the cells guts (mostly water) escape when thawed.  If you can freeze things fast enough this issue is overcome because the crystallization process cannot happen fast enough and the state change from liquid to solid occurs without the crystallization.  This is why "flash frozen" foods are superior in quality to regularly frozen foods.

In reply to by . . . _ _ _ . . .

SaintInix tmosley Wed, 11/22/2017 - 12:29 Permalink

They inject the dead bird, on the packing line, like with chickens, to bump the weight and the price.

Would be pretty dumb to inject them while living.

After they are dressed and ready to be wrapped, they jab this big ass needle into them and pump some water into the breast, and any other significant area of muscle that can hold the water.

I mean, why wouldn't they? It's extra money, for something pretty much free, just a little water.

In reply to by tmosley

SaintInix Cognitive Dissonance Wed, 11/22/2017 - 12:41 Permalink

Oh, to be sure.

This stock buyback thing is a huge red flag that Corps are just leeches, sucking the lifeblood out of the country while handing out Golden Parachutes and never seeing a day of jail time for the fraud they commit.

Loose lending, allowing for those at the top to essentially take out loans for whatever, at almost no interest...

Then that capital looks for 'return' and gets stuffed into any and every scheme that can make a buck. Legality be damned, because money protects itself.

It's the same old story, we are stealing from our future to fund the excess of our upper class and the idea that they deserve to have more than everyone else. They earned it after all, through inheritance, bribes, kickbacks, extortion, blackmail, threats and government bullies paid to shut the competition down.

I'm on the same page CD, I've been watching it play out for years now.

In reply to by Cognitive Dissonance

SaintInix Cognitive Dissonance Wed, 11/22/2017 - 12:57 Permalink

You know, I don't know, but it sounds like it makes sense. At least in a common sense sort of way, possibly the rule was thrown out back during the golden age of de-regulation?

I'll have to do some searches on that... I've only been around a little over 30 years, so before the early 90s, I didn't pay much attention.

Guess they were...(The link below is about allowing Shareholders to vote on buybacks, but the first paragraph states that the law was tossed in 1982)…

In reply to by Cognitive Dissonance

small axe Wed, 11/22/2017 - 12:19 Permalink

the modern turkey can no longer fly or breed -- it's walking extinction eventhowever, you may grope a turkey breast without fear of repercussion.thank you

BandGap small axe Wed, 11/22/2017 - 12:29 Permalink

You better talk to the hundreds living on my property. During the winter they roost in the tree branches together, to save heat. It is quite a sight to watch them drop out of the tree when the sun comes up.The also fly over my neighbors 10' fence to eat the blueberries. They are not great at it, but the can get off the ground a bit, same with chickens.The breeding ritual is something to behold, all from my basement window.

In reply to by small axe

Arnold BandGap Wed, 11/22/2017 - 12:48 Permalink

After many years of chasing the Toms, with nothing to show for it, I came out of the woods at noon as required.
I leaned the shot gun up against the car and toddled off across the road to smell and water the flowers.
I scared up a huge Tom from under a rosebush, that went to flying.

I was in awe, it was like watching a Jumbo Jet taking off.

In reply to by BandGap

Dilluminati Wed, 11/22/2017 - 12:21 Permalink

I'm already sick of the holidays and it isn't here.  I'm serving no alcohol this Thursday and not doing any politcal discussions with the family.  Here is your turkey, here is the sides.. don't worry I'll clean up, now go the fuck home!

Dilluminati nmewn Wed, 11/22/2017 - 12:36 Permalink

Oh fuck.. I want to go to Charlottesville and have thanksgiving with Ian, not a have a beer, not mention the costs of healthcare which was supposed to be free!!!!!!!Ian Dixon, who left his full-time job in 2016 to pursue an app-development business, did so because the ACA guaranteed that he could still have quality coverage for his young family, he said. But when the 38-year-old Charlottesville husband and father of a 3- and a 1-year-old went to re-enroll this month, his only choice for coverage would cost him more than $3,000 a month for his family of four, which amounted to an increase of more than 300 percent over the $900 he paid the year before. And this is for the second-cheapest option, with a deductible of $9,200.Yes thanksgiving with Ian mentioning the costs of ACA would ruin his dinner.  he would start vommiting like he was dining at Chipolte, fluids quirting from his ass like a scene out of the exorcist.. do not do.. be politically correct.. my that cranberry sauce shit that looks like a can tastes wondeful, please sir can I have moaar???I'm all Oliver Twist and thankful I have anything left over at all.. 

In reply to by nmewn

shovelhead css1971 Wed, 11/22/2017 - 14:49 Permalink

Last year my son's gorgeous girlfriend got drunk for the very first time because Wifey and her sister decided to get loose and were refilling her glass.She gave me a big sloppy kiss on the cheek and said how happy she was that she loved her boyfriends parents so much.Put a little tear in my eye.I told my son if he doesn't make her my daugher in law soon I'm gonna punch his lights out. Now that he has his career going I'm hoping this year might be the one.

In reply to by css1971

Dilluminati Wed, 11/22/2017 - 12:23 Permalink

At the hatchery's they keep killing the baby turkeys with teeth as their genetics frankenbird scheme evolves, they tried mixing em but the ones with teeth went cannibal.

FORD_FIESTA Wed, 11/22/2017 - 12:45 Permalink

Yes, that time of year to give thanks,,,,,,,thanks for Good Beer and Cheap Chinese Hookers!   Or is that Cheap Beer and Good Chinese Hookers?Anyway, Thank the Maker, Hillary is not President.Oh, and be sure to Boycott any and all NFL Bullshit this weekend.

Consuelo Wed, 11/22/2017 - 12:44 Permalink

  "...from a global bull market in equities, led partly by a strong resurgence in corporate earnings, to very few signs of a recession starting over the next 12-18 months." Your textbook 'Jeffrey Saut' retort on the economy since 2012.   Oddly enough, they've been right - but for all the wrong reasons.   The beauty of being cock-sure one might say.

all-priced-in Wed, 11/22/2017 - 12:53 Permalink

We like the smaller turkeys better,  the 30 + pound birds will dry out some before they are fully cooked. I am cooking two 12 1/2 pound turkeys this year. They go into the brine at 7:00 PM today - into the oven at 8:30 AM Thursday - on the table around 12:30 - 1:00. One isn't enough for 14 people and I want some leftover breast for our traditional turkey sandwich & pumpkin pie meal later in the day.