…the Planet Money blog thinks we might be in a “Cupcake Bubble”:
“If I were playing the dessert market, I’d have shorted cupcakes and gone long brownies the minute “Sex and the City” went off the air. But if I’d done that, I’d be underwater today: The cupcake movement has only grown, while brownies remain inexplicably overlooked. The latest employment report from New York City only compounds my rhetorical losses. Employment in the restaurant and bar industry is picking up in the city — with particular strength in the cupcake business, according to the WSJ’s Metropolis blog.”