What Are Your Big Takeaways Right Now?

We shall have rocessionary risk in the stock. My guess es that most consumer tex stocks need that kind of magnitude of hair cut to earnings. I don't think they're safe to get in and buy until you see both of those things happen. You need earnings to come down because of processionary risk. And then you need a inflationry forces to start a ameliorating, or you need evidence that inflation coming down.