100% agree re grim..
I've been banging that drum for a long time.. seeing the macro picture hard in my own business's daily sales....
But the counter argument is that even tho blind freddy could see that the macro picture has been terrible since late March, that hasn't stopped the markets rallying hard the last few months...
So i'm not sure how to play it...
Markets and economic reality have been very disconnected for a few months now..
Ultimately, the economic reality will prevail, but who knows for how long hopium and printing, and gov stimulus and new retail entrants etc can keep the disconnect running for..
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100% agree re grim..I've been banging that drum for a long...
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