Winners far outpaced losers on the Exchange, with plastics dominating amid lighter-than-expected garbage volume Saturday at in Amagansett.
Bottle caps, juice box straws and water bottles advanced in early collections. A midday rally by long-deflated balloons underscored dimmer prospects for future performance given efforts to ban the release of balloons, welcome news for sea turtles:
Analysts cited inconspicuous consumption for burying an $8 bottle of a Chilean Cabernet/Syrah blend in the sand, noting beachgoers here were closely guarding their most promising, undervalued investments.
The Federal Reserve’s promise of sustained quantitative easing buoyed non-essential goods, most notably strong returns by packaging from sugary snacks, Mayor Michael Bloomberg’s efforts notwithstanding.
At the closing bell the session’s weight in the garbage bag totaled 30 pounds. Two thirds of that volume was recyclable.
This 90 minute exercise-- 100 yards west and back from the high tide mark to the bottom of the dunes-- came on the , part of the Ocean Conservancy’s 27th annual International Coastal Clean Up.
Which begs the question: Why should any of this be necessary? When you go to the beach, take your garbage with you when you leave. There are plenty of garbage cans available as you walk back to your car. It’s a wise investment.
