UPON FURTHER INSPECTION: THE CONSUMER IS DEAD

Let’s take that SNAP miss from last week and how that effects online advertising and also view these SHOP and WMT disasters for what they truly are and conclude THE CONSUMER IS DEAD,

On top of that, European banking is dead too, as shares of UBS descend into the pits of hell.

If what I’m saying is true, the recent rally predicated upon the notion of “MUHHHHH THINGS ARENT SO BAD” needs to be completely revoked and stocks back down to annual lows.

I came into today heavily long natty and short stocks, and I’m up 0.7%. I’m now only long CODX (MONKEYPOX), BG (AG), and SQQQ (FUCK THE NASDAQ).

I’d be shocked if we weren’t pinned to lows by the end of the day.