Quote of the Day

by Marty Mazorra CFP®, ChFC® Founder & Co-Chief Investment Officer

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!)…

Share:

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.
Facebook Instagram
  • Private Wealth Advisors
  • © 2024 Private Wealth Advisors. All rights reserved.
  • PRIVACY POLICY

This website is a publication of Private Wealth Advisors. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author as of the date of publication and are subject to change. Information on this website does not involve the rendering of personalized investment advice, but is limited to the dissemination of general information on products and services. A professional advisor should be consulted before implementing any of the options presented. Information on this website is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Hyperlinks on this website are provided as a convenience and we disclaim any responsibility for information, services or products found on websites linked hereto. Private Wealth Advisors is registered as an investment adviser with the SEC, and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.