Let us get the opinion of the message board.
Of course--stagflation would do it. Weak economy & higher prices because of supply shocks (esp. oil & food). Exactly what happened in 1979-81.
Anything less is Ho Hum.
how do you know NFLX will "cease to exist"? Some foolish buyer could come in with Bernie-bux & take them over for $700.
I think Chipotle has the better crash potential right now. Higher min wage costs, higher food input costs are squeezing fast foods.
Reported in press today. Texas Ag commissioner very angry. Will Texans boycott CMG? "Don't mess with Texas" is practically the state motto.
I think it will miss. 15% fall in both stocks possible.
then throw in higher gasoline prices....oy vey!
Only a matter of time (maybe soon?) be4 the analysts cut the estimates to factor in the higher wage & food input costs. Darden reports this week--maybe that will be a tell.
many other cities as well. Food inflation + Wage inflation = Lower profits.
Some are being implimented. Rising food cost, rising wages...you all can do the math what this will do for growth assumptions--throw them out the window.