MKT Call 8/29/22: Fresh Pain For Stocks After Jackson Hole, Treasury Yields Leap & Bitcoin Dips Back Below $20,000
RiskReversal Pod
00:00
Is This Stock a Cheap Retailer?
The savings rate is ticking down right now, and financial conditions have really kind of just gott a lot tighter. If it were an earning story, this stock would be significantly lower because it's basically been a very challenge business ow for the last six or seven years. But don't under listen. Don't confuse the fundamentals with what's going on with the stock,. like a m c, like game stop. The problem is they've screwed up so badly i'm choosing to believe that valuation at 11 p e versus some of its peers seems pretty reasonable.
Play episode from 30:30
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