Heed what I am saying to you.
WTI is -15%
Major hotels -25%
10yr yields +9bps. They’ve lost control of yields.
PENN -37%, RIP PREZ
All consumer staples and grocery stores have a bid. Think about all of the money people spend at eateries. According to Exodus, publicly trades revenues for restaurants is $100b. That money is now moving to your grocer. Stop n Shop is the new Nordstroms. There will be MASSIVE multiple expansion there.
Forget about MCO and TRU — credit scores mean nothing now. We are barreling towards another -7% trading halt.
Because this is going to be the worst depression in the history of America.If you enjoy the content at iBankCoin, please follow us on Twitter