With so much money printed and QE causing asset price inflation, some of that money has been used
to front-run in the hotel space that is not hitting key multiple resistance areas. Buying up hotels at
such valuations as if hotel occupancy rate will exceed Jan 2020 is a joke.
www.statista.com/sta...pancy-rate-by-month/
CAR (Avis) is experiencing something similar simultaneously
Price is what you pay value is what you get. Buffet Not much value at these prices.
to front-run in the hotel space that is not hitting key multiple resistance areas. Buying up hotels at
such valuations as if hotel occupancy rate will exceed Jan 2020 is a joke.
www.statista.com/sta...pancy-rate-by-month/
CAR (Avis) is experiencing something similar simultaneously
Price is what you pay value is what you get. Buffet Not much value at these prices.
Comment:
As expected it hit a brick wall that never recovered.
Real Macro Economic Investing
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