The Risk of Zim Integrating

There's a strong corollary between what's happening here is emintegrated as well as, you know, what happened with energy stocks prior to the pandemic. There wasn't really much valuation support keeping these from just heading lower. And there's definitely the risk that Zim falls under the same fate as well. But whenever you're looking at a lot of commodity-type companies, when you start with cyclical companies, keep two things in mind: macro and quantitative.