August 1, 2025· 47 min

What an LA Bakery Says About the Economy Right Now

Orality
Model
50%

Speaker Breakdown

HostJoe Weisenthal(1,233 words)
M:94%
HostTracy Alloway(1,438 words)
M:29%
GuestAndy Kadin(5,834 words)
M:28%

Oral Indicators

Agonistic43%
literally, completely, very
Engagement77%
you, our, your
Memory Aids100%
listen, now, like
Repetition100%
know (104x), it's (83x), like (78x)
Parallelism73%
And I'm Joe Weisenthal...., So why don't you just why don'..., So he does a really good Basqu...
Sound Patterns48%
50 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases11%
you know what, i mean, the thing is

Literate Indicators

Hedging7%
may, maybe, possibly
Passive Voice4%
are involved, be open, are based
Abstract Nouns15%
investment, recommendation, community
Subordination4%
because, however, unless
Sentence Length40%
Avg: 15.0 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style23%
812 personal pronouns found
Descriptive Style90%
literally, completely, apply

Description

Bakeries are great microcosms of the economy. There's lots of labor involved. You need commodities like flours and eggs, plus energy for your ovens. You need capital investment to get the ovens in the first place, and you need sustained consumer demand to keep you in business. Put it all together and you have a business that tells you a lot about what's going on right now. In this episode, we speak with Andy Kadin, who is the owner of the Los Angeles-based bakery Bub & Grandma's, as well as a sandwich shop and a soon-to-open pizzeria. We talk about what the bread business entails, how much money people are spending right now, and the impact of Trump's tariffs on food costs. Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox - now delivered every weekday - plus unlimited access to the site and app. Subscribe at  bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.