Quote of the Day

Larry from Texas emailed a comment into Hedgeye’s morning macro conversation:

“I own three restaurants in Texas, cannot get staff to come to work because they make more money collecting unemployment, we’ll continue losing money with only 25% allowed seating capacity.”

Speaking with a restaurateur friend yesterday I learned that the dynamics in terms of allowed capacity and, we presume, profitability will differ throughout the country; hopefully better in the SJ Valley vs the Texas jurisdiction the gentleman I quoted operates in. 

Bottom line: “Reopening” economies is one thing, getting back to pre-crisis levels of business is another thing altogether (something we’ll be tracking very closely!)…


Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.