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2024
March 1st, 2022 at 3:34 pm
Not good!
Restaurants/8800 – You know I love CAKE and QSR and JACK – I think we have something in all of those. Certainly we'll look for things to get back to normal but be mindful of rising labor costs and, of course, how easy it is to pass on increased food costs to their clients.
ING/John – You have to see how exposed to Russia each bank is. If a bank funded a few Billion to a project in Russia or with a Russian company – could be trouble. Also, think of all the margin calls in Russia and then there are going to be people who had money in Russian markets that will be screwed – lots of unknowns.