Anecdotal restaurant numbers

I do consulting for one of the top consumer goods companies in the world.

you want anecdotes. Normal weekly order from Target is 7 million. These weeks been averaging 70 million.

now imagine the surge in online shopping and entertainment

can we say amzn and NFLx.

all the capacity is still there. It IS more like a snow storm like Ben said.

To keep it in perspective...

My mom has had AMZN, NFLX in here "aggressive" investment portfolio since 2008 along with a few others that have performed just as well since 2008.

They have been surging since 2008.

In comparison to February highs of 2020...they have not been surging. In fact, they have been declining although obviously not as much in comparison to the overall market.

She retired in 2010 and has not needed her investments while enjoying life living in the U.S. / Europe. Recently, her financial advisors has recommended she sell 25% if there's a new U.S. president elected.

They obviously do believe its much more than a snow storm if there's a change in the "talking heads" (phrase they use instead of big boys) that makes a strong ludicrous effort to protect the markets.

wrbtrader
 
Last edited:
Back
Top